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Gold Mountain (ASX:GMN) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Gold Mountain Cash Conversion Cycle?

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

Gold Mountain's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.
Gold Mountain's Days Inventory for the six months ended in Dec. 2023 was .
Gold Mountain's Days Payable for the six months ended in Dec. 2023 was .
Therefore, Gold Mountain's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 0.00.


Gold Mountain Cash Conversion Cycle Historical Data

The historical data trend for Gold Mountain'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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Gold Mountain Cash Conversion Cycle Chart

Gold Mountain Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
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Gold Mountain Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Gold Mountain's Cash Conversion Cycle

For the Gold subindustry, Gold Mountain'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.


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

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

* The bar in red indicates where Gold Mountain's Cash Conversion Cycle falls into.



Gold Mountain 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.

Gold Mountain's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

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

Gold Mountain'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+-
=0.00

* 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.


Gold Mountain  (ASX:GMN) 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.


Gold Mountain Cash Conversion Cycle Related Terms

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Gold Mountain (ASX:GMN) Business Description

Traded in Other Exchanges
N/A
Address
24/589 Stirling Highway, Cottesloe, WA, AUS, 6011
Gold Mountain Ltd is engaged in exploring, and developing areas that are prospective for gold and other precious and base metals and minerals. The company's geographical segment includes Australia, Brazil and Papua New Guinea. It generates maximum revenue from Australia. Some of its projects include the Wabag Project and Mongae Creek.

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