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Ormonde Mining (DUB:ORQ1) Cash Conversion Cycle : 0.00 (As of Jun. 2023)


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What is Ormonde Mining Cash Conversion Cycle?

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

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


Ormonde Mining Cash Conversion Cycle Historical Data

The historical data trend for Ormonde Mining'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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Ormonde Mining Cash Conversion Cycle Chart

Ormonde Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
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Ormonde Mining Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Ormonde Mining's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, Ormonde Mining'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.


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

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

* The bar in red indicates where Ormonde Mining's Cash Conversion Cycle falls into.



Ormonde Mining 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.

Ormonde Mining's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+-
=0.00

Ormonde Mining's Cash Conversion Cycle for the quarter that ended in Jun. 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.


Ormonde Mining  (DUB:ORQ1) 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.


Ormonde Mining Cash Conversion Cycle Related Terms

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Ormonde Mining (DUB:ORQ1) Business Description

Traded in Other Exchanges
Address
Bracetown Business Park, Co. Meath, Clonee, IRL, D15 YN2P
Ormonde Mining PLC is a natural resource focused company with interests in Spain. The company's projects include SALAMANCA & ZAMORA GOLD Project and LA ZARZA Gold Project. The principal activity of the Company and its subsidiaries comprises acquisition, exploration and development of mineral resource projects. The Company's interests also include copper and gold exploration in several prospective areas of western Spain.

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