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Mammoth Energy Services (Mammoth Energy Services) Cash Conversion Cycle : 737.89 (As of Dec. 2023)


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What is Mammoth Energy Services Cash Conversion Cycle?

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

Mammoth Energy Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 780.13.
Mammoth Energy Services's Days Inventory for the three months ended in Dec. 2023 was 24.35.
Mammoth Energy Services's Days Payable for the three months ended in Dec. 2023 was 66.59.
Therefore, Mammoth Energy Services's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 737.89.


Mammoth Energy Services Cash Conversion Cycle Historical Data

The historical data trend for Mammoth Energy Services'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.

Mammoth Energy Services Cash Conversion Cycle Chart

Mammoth Energy Services 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 181.30 401.44 585.29 391.13 493.55

Mammoth Energy Services 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 360.50 321.77 493.76 577.27 737.89

Competitive Comparison of Mammoth Energy Services's Cash Conversion Cycle

For the Conglomerates subindustry, Mammoth Energy Services'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.


Mammoth Energy Services's Cash Conversion Cycle Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mammoth Energy Services's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mammoth Energy Services's Cash Conversion Cycle falls into.



Mammoth Energy Services 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.

Mammoth Energy Services'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
=532.84+15.86-55.15
=493.55

Mammoth Energy Services'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
=780.13+24.35-66.59
=737.89

* 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.


Mammoth Energy Services  (NAS:TUSK) 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.


Mammoth Energy Services Cash Conversion Cycle Related Terms

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Mammoth Energy Services (Mammoth Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
14201 Caliber Drive, Suite 300, Oklahoma City, OK, USA, 73134
Mammoth Energy Services Inc is an integrated, growth-oriented energy services company engaged in providing products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserves as well as the construction and repair of the electric grid for private utilities, public investor-owned utilities, and co-operative utilities through infrastructure services businesses. Its suite of services includes well-completion services, infrastructure services, natural sand proppant services, drilling services, and other services. The majority of revenues are earned from the well-completion services and geographically from the United States followed by Canada and other countries.
Executives
Arty Straehla director, officer: Chief Executive Officer 1380 ROUTE 286 EAST, SUITE 121, INDIANA PA 15701
Arthur L Smith director 7308 SHADYVILLA LANE, HOUSTON TX 77055
Wexford Capital Lp director, 10 percent owner 777 WEST PUTNAM AVENUE, 1ST FLOOR, GREENWICH CT 06830
Mark E. Layton officer: Chief Financial Officer 4727 GAILLARDIA PARKWAY, SUITE 200, OKLAHOMA CITY OK 73142
Gpor Distribution Trust 10 percent owner 909 FANNIN ST, SUITE 4000, HOUSTON TX 77010
Booker Corey J. director MAMMOTH ENERGY SERVICES, INC., 14201 CALIBER DRIVE, SUITE 300, OKLAHOMA CITY OK 73134
Paul M. Jacobi director C/O WEXFORD CAPITAL LP, 777 WEST PUTNAM AVENUE, FIRST FLOOR, GREENWICH CT 06830
Matthew Ross director 4727 GAILLARDIA PARKWAY, SUITE 200, OKLAHOMA CITY OK 75201
Jonathan H Yellen director COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219
Wexford Catalyst Trading Ltd director, 10 percent owner 411 WEST PUTNAM AVENUE, SUITE 125, GREENWICH CT 06830
Wexford Spectrum Trading Ltd director, 10 percent owner 411 WEST PUTNAM AVENUE, SUITE 125, GREENWICH CT 06830
Arthur H Amron director C/O WEXFORD CAPITAL LP, 777 WEST PUTNAM AVENUE, FIRST FLOOR, GREENWICH CT 06830
Gulfport Energy Corp director, 10 percent owner 14313 NORTH MAY AVENUE, SUITE 100, OKLAHOMA CITY OK 73134
Meh Sub Llc director, 10 percent owner C/O WEXFORD CAPITAL LP, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Rusty Neal Laforge officer: VP, Gen. Couns., Asst. Sec. 3324 QUAIL CREEK ROAD, OKLAHOMA CITY OK 73120