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BlackGold Natural Resources's Days Sales Outstanding for the
three
months ended in Sep. 2022 was 165.49.
BlackGold Natural Resources's Days Inventory for the
three
months ended in Sep. 2022 was 25.89.
BlackGold Natural Resources's Days Payable for the
three
months ended in Sep. 2022 was 69.92.
Therefore, BlackGold Natural Resources's Cash Conversion Cycle (CCC) for the
three
months ended in Sep. 2022 was 121.46.
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.
BlackGold Natural Resources Cash Conversion Cycle Related Terms
BlackGold Natural Resources Cash Conversion Cycle Historical Data
* 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.
For the Thermal Coal subindustry, BlackGold Natural Resources'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.
BlackGold Natural Resources Cash Conversion Cycle vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, BlackGold Natural Resources's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where BlackGold Natural Resources's Cash Conversion Cycle falls into.
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.
BlackGold Natural Resources's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as
* 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.
BlackGold Natural Resources (SGX:41H) has a Cash Conversion Cycle of 121.46 as of Sep. 2022. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on BlackGold Natural Resources and its competitors.
Is BlackGold Natural Resources' Cash Conversion Cycle too high?
BlackGold Natural Resources' current Cash Conversion Cycle is 121.46. The Other Energy Sources industry median Cash Conversion Cycle is 12.55. BlackGold Natural Resources' value of 121.46 is 868.2% above this industry median.
How does BlackGold Natural Resources' Cash Conversion Cycle compare to competitors?
BlackGold Natural Resources' Cash Conversion Cycle of 121.46 can be compared against companies in the Other Energy Sources industry. The industry median Cash Conversion Cycle is 12.55. BlackGold Natural Resources' value of 121.46 is 868.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Other Energy Sources company?
The median Cash Conversion Cycle among Other Energy Sources companies is 12.55, based on 132 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackGold Natural Resources's current Cash Conversion Cycle of 121.46 is 868.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on BlackGold Natural Resources and its competitors. For the Other Energy Sources industry, the median Cash Conversion Cycle is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackGold Natural Resources's current Cash Conversion Cycle is 121.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackGold Natural Resources stock overvalued right now?
BlackGold Natural Resources (SGX:41H) has a current Cash Conversion Cycle of 121.46. The current Cash Conversion Cycle is 121.46 and 868.2% above the Other Energy Sources industry median of 12.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For BlackGold Natural Resources (SGX:41H), the current Cash Conversion Cycle is 121.46 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
BlackGold Natural Resources Ltd is an investment holding company. It operates in a single segment of exploration and mining of coal in Indonesia. The company supplies coal to power plants located in Riau province, Sumatra, Indonesia. It generates the majority of its revenue from Coal sales, followed by Provision for freight services.
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