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Alacer Gold (Alacer Gold) Cash Conversion Cycle : 128.78 (As of Jun. 2020)


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What is Alacer Gold Cash Conversion Cycle?

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

Alacer Gold's Days Sales Outstanding for the three months ended in Jun. 2020 was 0.
Alacer Gold's Days Inventory for the three months ended in Jun. 2020 was 154.15.
Alacer Gold's Days Payable for the three months ended in Jun. 2020 was 25.37.
Therefore, Alacer Gold's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2020 was 128.78.


Alacer Gold Cash Conversion Cycle Historical Data

The historical data trend for Alacer Gold'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.

* Premium members only.

Alacer Gold Cash Conversion Cycle Chart

Alacer Gold Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.50 131.82 112.28 161.15 108.79

Alacer Gold Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.03 102.95 99.55 114.77 128.78

Competitive Comparison of Alacer Gold's Cash Conversion Cycle

For the Gold subindustry, Alacer Gold'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.


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

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

* The bar in red indicates where Alacer Gold's Cash Conversion Cycle falls into.



Alacer Gold 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.

Alacer Gold's Cash Conversion Cycle for the fiscal year that ended in Dec. 2019 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+150.85-42.06
=108.79

Alacer Gold's Cash Conversion Cycle for the quarter that ended in Jun. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+154.15-25.37
=128.78

* 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.


Alacer Gold  (OTCPK:ALIAF) 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.


Alacer Gold Cash Conversion Cycle Related Terms

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Alacer Gold (Alacer Gold) Business Description

Traded in Other Exchanges
N/A
Address
7001 East Belleview Avenue, Suite 800, Denver, CO, USA, 80237
Alacer Gold Corp is a gold mining company. The group operates in one reportable operating segment consisting of mining, development, and exploration of mineral deposits in Turkey. It is focused on two parts of exploration: the Copler District and Turkey Regional. Geographically, it generates maximum revenue from the Turkey business unit.

Alacer Gold (Alacer Gold) Headlines

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