Hudbay Minerals (Hudbay Minerals) Cash Conversion Cycle

: 35.75 (As of Dec. 2023)

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

Hudbay Minerals's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.72.
Hudbay Minerals's Days Inventory for the three months ended in Dec. 2023 was 50.11.
Hudbay Minerals's Days Payable for the three months ended in Dec. 2023 was 34.08.
Therefore, Hudbay Minerals's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 35.75.

Hudbay Minerals Cash Conversion Cycle Historical Data

The historical data trend for Hudbay Minerals'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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Hudbay Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

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49.31

51.41

48.33

53.69

56.86

Hudbay Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash Conversion Cycle	Get a 7-Day Free Trial															12.87	35.98	14.39	12.66	35.75

Competitive Comparison

For the Copper subindustry, Hudbay Minerals'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.

Hudbay Minerals Cash Conversion Cycle Distribution

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

* The bar in red indicates where Hudbay Minerals's Cash Conversion Cycle falls into.

Hudbay Minerals 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.

Hudbay Minerals'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
	=	27.42	+	50.97	-	21.53
	=	56.86

Hudbay Minerals'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
	=	19.72	+	50.11	-	34.08
	=	35.75

Hudbay Minerals (NYSE:HBM) 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.

Hudbay Minerals Cash Conversion Cycle Related Terms

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Hudbay Minerals (Hudbay Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hudbay Minerals Inc (NYSE:HBM) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

HBM:Peru OCKA:Germany OCKA:Germany HBM:Canada

Address

25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5

Website

http://www.hudbayminerals.com

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.