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Tarku Resources (Tarku Resources) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Tarku Resources Cash Conversion Cycle?

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

Tarku Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was .
Tarku Resources's Days Inventory for the three months ended in Dec. 2023 was .
Tarku Resources's Days Payable for the three months ended in Dec. 2023 was .
Therefore, Tarku Resources's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 0.00.


Tarku Resources Cash Conversion Cycle Historical Data

The historical data trend for Tarku Resources'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.

Tarku Resources Cash Conversion Cycle Chart

Tarku Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
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Tarku Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Tarku Resources's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, Tarku 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.


Tarku Resources's Cash Conversion Cycle Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tarku Resources's Cash Conversion Cycle falls into.



Tarku Resources 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.

Tarku Resources's Cash Conversion Cycle for the fiscal year that ended in Sep. 2023 is calculated as

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

Tarku Resources's Cash Conversion Cycle for the quarter that ended in Dec. 2023 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.


Tarku Resources  (OTCPK:TRKUF) 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.


Tarku Resources Cash Conversion Cycle Related Terms

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


Tarku Resources (Tarku Resources) Business Description

Traded in Other Exchanges
Address
4th Avenue Street, Suite 602 - 224, Saskatoon, SK, CAN, S7K 5M5
Tarku Resources Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, and development of precious and base metals in the mineral-rich Canadian landscape. It explores uranium, gold, silver, copper, zinc, and diamonds. It holds an interest in the Apollo gold project, Max Lithium Project, Admiral gold project, Atlas gold project in Quebec, and silver strike project in Arizona. The company operates in two geographical segments Arizona and Quebec, out of which it makes majority of revenue from Arizona.