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East Africa Metals (East Africa Metals) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is East Africa Metals Cash Conversion Cycle?

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

East Africa Metals's Days Sales Outstanding for the three months ended in Dec. 2023 was .
East Africa Metals's Days Inventory for the three months ended in Dec. 2023 was 0.
East Africa Metals's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, East Africa Metals's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 0.00.


East Africa Metals Cash Conversion Cycle Historical Data

The historical data trend for East Africa 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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East Africa Metals Cash Conversion Cycle Chart

East Africa Metals Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
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East Africa Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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Competitive Comparison of East Africa Metals's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, East Africa 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.


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

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

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



East Africa 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.

East Africa Metals's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

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

East Africa Metals'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
=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.


East Africa Metals  (OTCPK:EFRMF) 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.


East Africa Metals Cash Conversion Cycle Related Terms

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East Africa Metals (East Africa Metals) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, 17th Floor, Vancouver, BC, CAN, V7Y 1K4
East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development, and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company's mineral properties consist of one project in Ethiopia, the Harvest Project, Adyabo Project, and one project in Tanzania, the Handeni and Other Properties. The geographical segments of the company include Canada, Tanzania, and Ethiopia. It has one reportable segment Exploration and Development of Mineral Properties.

East Africa Metals (East Africa Metals) Headlines

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