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Nickel 28 Capital (Nickel 28 Capital) Cash Conversion Cycle : 0.00 (As of Oct. 2023)


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What is Nickel 28 Capital Cash Conversion Cycle?

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

Nickel 28 Capital's Days Sales Outstanding for the three months ended in Oct. 2023 was .
Nickel 28 Capital's Days Inventory for the three months ended in Oct. 2023 was .
Nickel 28 Capital's Days Payable for the three months ended in Oct. 2023 was .
Therefore, Nickel 28 Capital's Cash Conversion Cycle (CCC) for the three months ended in Oct. 2023 was 0.00.


Nickel 28 Capital Cash Conversion Cycle Historical Data

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital Cash Conversion Cycle Chart

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23
Cash Conversion Cycle
- - - -

Nickel 28 Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 - - - - -

Competitive Comparison of Nickel 28 Capital's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.


Nickel 28 Capital's Cash Conversion Cycle Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's Cash Conversion Cycle falls into.



Nickel 28 Capital 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.

Nickel 28 Capital's Cash Conversion Cycle for the fiscal year that ended in Jan. 2023 is calculated as

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

Nickel 28 Capital's Cash Conversion Cycle for the quarter that ended in Oct. 2023 is calculated as:

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


Nickel 28 Capital  (OTCPK:CONXF) 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.


Nickel 28 Capital Cash Conversion Cycle Related Terms

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Nickel 28 Capital (Nickel 28 Capital) Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 1240, Toronto, ON, CAN, M5H 3B7
Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, the company manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

Nickel 28 Capital (Nickel 28 Capital) Headlines

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