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Core Nickel (Core Nickel) Cash Conversion Cycle : 0.00 (As of Apr. 2023)


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What is Core Nickel Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Core Nickel's Days Sales Outstanding for the six months ended in Apr. 2023 was .
Core Nickel's Days Inventory for the six months ended in Apr. 2023 was .
Core Nickel's Days Payable for the six months ended in Apr. 2023 was .
Therefore, Core Nickel's Cash Conversion Cycle (CCC) for the six months ended in Apr. 2023 was 0.00.


Core Nickel Cash Conversion Cycle Historical Data

The historical data trend for Core Nickel's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Core Nickel Cash Conversion Cycle Chart

Core Nickel Annual Data
Trend Apr23
Cash Conversion Cycle
-

Core Nickel Semi-Annual Data
Apr23
Cash Conversion Cycle -

Competitive Comparison of Core Nickel's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, Core Nickel's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Core Nickel's Cash Conversion Cycle Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Core Nickel's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Core Nickel's Cash Conversion Cycle falls into.



Core Nickel Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Core Nickel's Cash Conversion Cycle for the fiscal year that ended in Apr. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+-
=0.00

Core Nickel's Cash Conversion Cycle for the quarter that ended in Apr. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Core Nickel  (OTCPK:CNCOF) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Core Nickel Cash Conversion Cycle Related Terms

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Core Nickel (Core Nickel) Business Description

Comparable Companies
Traded in Other Exchanges
Address
75 - 24th Street East, Unit 204, Saskatoon, SK, CAN, S7K0K3
Core Nickel Corp is engaged in developing the Nickel Properties, It operates five nickel properties: Halfway Lake, Resting Lake, Hunter, Odei River, and Mel properties all in the Thompson nickel belt of northern Manitoba.

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