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Brixton Metals (STU:8BX1) Cash Conversion Cycle : -5,721.91 (As of Dec. 2023)


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What is Brixton Metals Cash Conversion Cycle?

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

Brixton Metals's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.
Brixton Metals's Days Inventory for the three months ended in Dec. 2023 was 0.
Brixton Metals's Days Payable for the three months ended in Dec. 2023 was 5721.91.
Therefore, Brixton Metals's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was -5,721.91.


Brixton Metals Cash Conversion Cycle Historical Data

The historical data trend for Brixton 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.

* Premium members only.

Brixton Metals Cash Conversion Cycle Chart

Brixton Metals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10,332.31 -2,084.61 -899.31 -2,057.69 -6,517.56

Brixton Metals 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 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 -3,681.11 -2,126.99 -3,554.60 -7,189.20 -5,721.91

Competitive Comparison of Brixton Metals's Cash Conversion Cycle

For the Other Precious Metals & Mining subindustry, Brixton 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.


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

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

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



Brixton 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.

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

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-6517.56
=-6,517.56

Brixton 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+0-5721.91
=-5,721.91

* 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.


Brixton Metals  (STU:8BX1) 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.


Brixton Metals Cash Conversion Cycle Related Terms

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Brixton Metals (STU:8BX1) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 551, Vancouver, BC, CAN, V6C 1T2
Brixton Metals Corp is a Canadian exploration and development company. It focuses on the acquisition, exploration, and development of mineral properties. Brixton owns four projects in Canada and the USA, Thorn gold-silver project, Hog heaven silver-gold project, Langis-Hudson Bay silver-cobalt project, and the Atlin Goldfields project.

Brixton Metals (STU:8BX1) Headlines

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