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Endomines Finland Oyj (OHEL:PAMPALO) Cash Conversion Cycle : -98.27 (As of Dec. 2024)


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What is Endomines Finland Oyj Cash Conversion Cycle?

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

Endomines Finland Oyj's Days Sales Outstanding for the six months ended in Dec. 2024 was 28.08.
Endomines Finland Oyj's Days Inventory for the six months ended in Dec. 2024 was 9.36.
Endomines Finland Oyj's Days Payable for the six months ended in Dec. 2024 was 135.71.
Therefore, Endomines Finland Oyj's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was -98.27.


Endomines Finland Oyj Cash Conversion Cycle Historical Data

The historical data trend for Endomines Finland Oyj'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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Endomines Finland Oyj Cash Conversion Cycle Chart

Endomines Finland Oyj Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
- -514.32 -56.88 -85.79 -103.96

Endomines Finland Oyj Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial -94.53 -59.87 -58.81 -83.39 -98.27

Competitive Comparison of Endomines Finland Oyj's Cash Conversion Cycle

For the Gold subindustry, Endomines Finland Oyj'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.


Endomines Finland Oyj's Cash Conversion Cycle Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Endomines Finland Oyj's Cash Conversion Cycle falls into.


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Endomines Finland Oyj 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.

Endomines Finland Oyj's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=30.52+8.4-142.88
=-103.96

Endomines Finland Oyj'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
=28.08+9.36-135.71
=-98.27

* 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.


Endomines Finland Oyj  (OHEL:PAMPALO) 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.


Endomines Finland Oyj Cash Conversion Cycle Related Terms

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Endomines Finland Oyj Business Description

Traded in Other Exchanges
Address
Ahventie 4 A, Espoo, FIN, 02170
Endomines Finland Oyj is a mining and exploration company with a primary focus on gold. It is engaged in mining operations at the Pampalo mine in Ilomantsi, and in exploration activities along the Karelian Gold Line in Eastern Finland. The company also owns the rights to seven gold deposits in the United States. The company's reportable operating segments are Pampalo production, Karelian gold line, and USA operations. The Pampalo production segment, which generates key revenue for the company, consists of the operations of the underground mine and open pit, the operations of the concentrator, and the sale of gold concentrate.

Endomines Finland Oyj Headlines

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