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Red Mountain Mining (FRA:RM0) Cash Conversion Cycle : 0.00 (As of Dec. 2024)


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What is Red Mountain Mining Cash Conversion Cycle?

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

Red Mountain Mining's Days Sales Outstanding for the six months ended in Dec. 2024 was .
Red Mountain Mining's Days Inventory for the six months ended in Dec. 2024 was .
Red Mountain Mining's Days Payable for the six months ended in Dec. 2024 was .
Therefore, Red Mountain Mining's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 0.00.


Red Mountain Mining Cash Conversion Cycle Historical Data

The historical data trend for Red Mountain 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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Red Mountain Mining Cash Conversion Cycle Chart

Red Mountain Mining Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
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Red Mountain Mining Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Red Mountain Mining's Cash Conversion Cycle

For the Gold subindustry, Red Mountain 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.


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

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

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


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Red Mountain 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.

Red Mountain Mining's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

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

Red Mountain Mining's Cash Conversion Cycle for the quarter that ended in Dec. 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.


Red Mountain Mining  (FRA:RM0) 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.


Red Mountain Mining Cash Conversion Cycle Related Terms

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Red Mountain Mining Business Description

Traded in Other Exchanges
Address
23 Railway Road, Suite 11, Level 2, Subiaco, Perth, WA, AUS, 6008
Red Mountain Mining Ltd is a mineral exploration company. The company operates only in one reportable segment being Mineral Exploration. The company project in the USA includes Lithic and Mustang Projects, in Australia includes Monjebup REEs Project, Koonenberry Gold, and Canada includes Fry lake Project. Its operating segments are Australia, United States of America (USA) and Canada.

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