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Golden Metal Resources (Golden Metal Resources) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Golden Metal Resources Cash Conversion Cycle?

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

Golden Metal Resources's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.
Golden Metal Resources's Days Inventory for the six months ended in Dec. 2023 was .
Golden Metal Resources's Days Payable for the six months ended in Dec. 2023 was .
Therefore, Golden Metal Resources's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 0.00.


Golden Metal Resources Cash Conversion Cycle Historical Data

The historical data trend for Golden Metal Resources'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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Golden Metal Resources Cash Conversion Cycle Chart

Golden Metal Resources Annual Data
Trend Jun22 Jun23
Cash Conversion Cycle
- -

Golden Metal Resources Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Cash Conversion Cycle - - - -

Competitive Comparison of Golden Metal Resources's Cash Conversion Cycle

For the Other Precious Metals & Mining subindustry, Golden Metal Resources'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.


Golden Metal Resources's Cash Conversion Cycle Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Metal Resources's Cash Conversion Cycle falls into.



Golden Metal Resources 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.

Golden Metal Resources's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+-
=0.00

Golden Metal Resources's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+-
=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.


Golden Metal Resources  (OTCPK:GMTLF) 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.


Golden Metal Resources Cash Conversion Cycle Related Terms

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Golden Metal Resources (Golden Metal Resources) Business Description

Traded in Other Exchanges
Address
201 Temple Chambers, 3-7 Temple Avenue, London, GBR, EC4Y 0DT
Golden Metal Resources PLC is a London-based precious and strategic metals exploration company which controls interests in four prospective projects in mining friendly Nevada. The company's primary project portfolio comprise Pilot Mountain Project, Golconda Summit Project, Kibby Basin Project, Garfield Project, and Stonewall Project.