GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Phosphate Corp (FRA:KD0) » Definitions » Cash Conversion Cycle

First Phosphate (FRA:KD0) Cash Conversion Cycle : 0.00 (As of Aug. 2024)


View and export this data going back to 2023. Start your Free Trial

What is First Phosphate Cash Conversion Cycle?

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

First Phosphate's Days Sales Outstanding for the three months ended in Aug. 2024 was .
First Phosphate's Days Inventory for the three months ended in Aug. 2024 was .
First Phosphate's Days Payable for the three months ended in Aug. 2024 was .
Therefore, First Phosphate's Cash Conversion Cycle (CCC) for the three months ended in Aug. 2024 was 0.00.


First Phosphate Cash Conversion Cycle Historical Data

The historical data trend for First Phosphate'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.

First Phosphate Cash Conversion Cycle Chart

First Phosphate Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

First Phosphate Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 - - - - -

Competitive Comparison of First Phosphate's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.


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

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

* The bar in red indicates where First Phosphate's Cash Conversion Cycle falls into.



First Phosphate 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.

First Phosphate's Cash Conversion Cycle for the fiscal year that ended in Feb. 2024 is calculated as

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

First Phosphate's Cash Conversion Cycle for the quarter that ended in Aug. 2024 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.


First Phosphate  (FRA:KD0) 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.


First Phosphate Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of First Phosphate's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


First Phosphate Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material (CAM) for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.

First Phosphate Headlines

No Headlines