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Alliance Resource Partners LP (Alliance Resource Partners LP) Cash Conversion Cycle : 83.99 (As of Mar. 2024)


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What is Alliance Resource Partners LP Cash Conversion Cycle?

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

Alliance Resource Partners LP's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.84.
Alliance Resource Partners LP's Days Inventory for the three months ended in Mar. 2024 was 177.07.
Alliance Resource Partners LP's Days Payable for the three months ended in Mar. 2024 was 131.92.
Therefore, Alliance Resource Partners LP's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 83.99.


Alliance Resource Partners LP Cash Conversion Cycle Historical Data

The historical data trend for Alliance Resource Partners LP'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.

Alliance Resource Partners LP Cash Conversion Cycle Chart

Alliance Resource Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.45 41.12 26.99 25.02 37.41

Alliance Resource Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.06 35.52 35.04 40.23 83.99

Competitive Comparison of Alliance Resource Partners LP's Cash Conversion Cycle

For the Thermal Coal subindustry, Alliance Resource Partners LP'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.


Alliance Resource Partners LP's Cash Conversion Cycle Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Alliance Resource Partners LP's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Alliance Resource Partners LP's Cash Conversion Cycle falls into.



Alliance Resource Partners LP 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.

Alliance Resource Partners LP'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
=37.26+20.6-20.45
=37.41

Alliance Resource Partners LP'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
=38.84+177.07-131.92
=83.99

* 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.


Alliance Resource Partners LP  (NAS:ARLP) 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.


Alliance Resource Partners LP Cash Conversion Cycle Related Terms

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Alliance Resource Partners LP (Alliance Resource Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1717 South Boulder Avenue, Suite 400, Tulsa, OK, USA, 74119
Alliance Resource Partners LP operates as a coal mining company based in the United States. It has four segments Illinois Basin, Appalachia, Oil & Gas Royalties and Coal Royalties. The Illinois Basin comprises underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia . The Appalachia segment comprises the Mettiki mining complex, the Tunnel Ridge mining complex and the MC Mining mining complex. The Oil & Gas Royalties has oil & gas mineral interests held by AR Midland and AllDale I & II and includes Alliance Minerals' equity interests in both AllDale III and Cavalier Minerals. The Coal Royalties has includes coal mineral reserves and resources owned or leased by Alliance Resource Properties.
Executives
Kathleen S. Craft 10 percent owner 2502 E. 45TH ST., TULSA OK 74105
Craft Joseph W Iii director, 10 percent owner, officer: President and Chief Executive PO BOX 22027, TULSA OK 74121-2027
D Andrew Woodward officer: Senior VP, New Ventures C/O ANDX, FINDLAY OH 45840
Megan J Cordle officer: VP, Controller and CAO P.O. BOX 22027, TULSA OK 74121
John H Robinson director 1 WATERHOUSE SQU, 5TH FL. 138-142 HOLBORN, LONDON X0 EC1N 2ST
Robert J Fouch officer: Vice President and Controller 1717 S. BOULDER, SUITE 400, TULSA OK 74119
Kirk Tholen officer: Sr VP, Chief Strategic Officer 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208
Wilson M Torrence director 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Nick Carter director
Timothy J Whelan officer: Senior Vice President Sales 1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119
John P Neafsey director PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Alliance Resource Management Gp, Llc 10 percent owner 1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119
Alliance Holdings Gp, L.p. director, 10 percent owner P.O. BOX 22027, TULSA OK 74121
Mgp Ii, Llc director, 10 percent owner 1717 SOUTH BOULDER AVENUE, SUITE 400, TULSA OK 74119