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Electric Metals (TSXV:EML) Cash Conversion Cycle : 0.00 (As of Mar. 2024)


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What is Electric Metals Cash Conversion Cycle?

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

Electric Metals's Days Sales Outstanding for the three months ended in Mar. 2024 was .
Electric Metals's Days Inventory for the three months ended in Mar. 2024 was 0.
Electric Metals's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Electric Metals's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 0.00.


Electric Metals Cash Conversion Cycle Historical Data

The historical data trend for Electric Metals'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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Electric Metals Cash Conversion Cycle Chart

Electric Metals Annual Data
Trend Dec21 Dec22 Dec23
Cash Conversion Cycle
- - -

Electric Metals Quarterly Data
Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Electric Metals's Cash Conversion Cycle

For the Silver subindustry, Electric Metals'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.


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

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

* The bar in red indicates where Electric Metals's Cash Conversion Cycle falls into.



Electric Metals 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.

Electric Metals's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

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

Electric Metals's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

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


Electric Metals  (TSXV:EML) 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.


Electric Metals Cash Conversion Cycle Related Terms

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Electric Metals (TSXV:EML) Business Description

Traded in Other Exchanges
Address
365 Bay Street, Suite 800, Toronto, ON, CAN, M5H 2V1
Electric Metals (USA) Ltd is a U.S.-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, which has been the subject of considerable technical studies, including a National Instrument 43-101 Technical Report - Resource Estimate, with over US$26 million invested to date. The Company's mission in Minnesota is to become a domestic U.S. producer of high-purity, high-value manganese metal and chemical products for supply to U.S. energy, technology and industrial markets. With manganese plays a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America.