Fabled Silver Gold (FRA:7NQ) Cash Conversion Cycle : -33,990.63 (As of Sep. 2023)

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What is Fabled Silver Gold Cash Conversion Cycle?

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

Fabled Silver Gold's Days Sales Outstanding for the three months ended in Sep. 2023 was .
Fabled Silver Gold's Days Inventory for the three months ended in Sep. 2023 was 0.
Fabled Silver Gold's Days Payable for the three months ended in Sep. 2023 was 33990.63.
Therefore, Fabled Silver Gold's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was -33,990.63.

Fabled Silver Gold Cash Conversion Cycle Historical Data

The historical data trend for Fabled Silver Gold'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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Fabled Silver Gold Cash Conversion Cycle Chart

Fabled Silver Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Sep18

Dec19

Dec20

Dec21

Dec22

Cash Conversion Cycle

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-10,098.33

-4,301.79

Fabled Silver Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash Conversion Cycle	Get a 7-Day Free Trial															-7,893.13	-7,414.06	-11,588.75	-18,615.00	-33,990.63

Competitive Comparison of Fabled Silver Gold's Cash Conversion Cycle

For the Other Precious Metals & Mining subindustry, Fabled Silver Gold'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.

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

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

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

Fabled Silver Gold 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.

Fabled Silver Gold'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	-	4301.79
	=	-4,301.79

Fabled Silver Gold's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=		+	0	-	33990.63
	=	-33,990.63

Fabled Silver Gold (FRA:7NQ) 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.

Fabled Silver Gold Cash Conversion Cycle Related Terms

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Fabled Silver Gold (FRA:7NQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fabled Silver Gold Corp (FRA:7NQ) » Definitions » Cash Conversion Cycle

Comparable Companies

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FBSGF:USA FCO.H:Canada

Address

1500 West Georgia Street, Suite 480, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.fabledsilvergoldcorp.com

Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world. The Company operates in one single reportable segment, which is the acquisition and exploration of mineral resource properties.

Fabled Silver Gold (FRA:7NQ) Headlines

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