Hemlo Mining's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 4.18.
Hemlo Mining's Days Inventory for the
three
months ended in Mar. 2026 was 47.54.
Hemlo Mining's Days Payable for the
three
months ended in Mar. 2026 was 26.75.
Therefore, Hemlo Mining's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 24.97.
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.
Hemlo Mining Cash Conversion Cycle Related Terms
Hemlo Mining Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Hemlo 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.
TSX:HMMC vs NEM, AU: Cash Conversion Cycle Comparison
For the Gold subindustry, Hemlo 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.
Hemlo Mining Cash Conversion Cycle vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hemlo Mining's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Hemlo Mining'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.
Hemlo Mining's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
Hemlo Mining (TSX:HMMC) has a Cash Conversion Cycle of 24.97 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hemlo Mining and its competitors.
Is Hemlo Mining's Cash Conversion Cycle too high?
Hemlo Mining's current Cash Conversion Cycle is 24.97. The Metals & Mining industry median Cash Conversion Cycle is 15.02. Hemlo Mining's value of 24.97 is 66.3% above this industry median. Overall, Hemlo Mining has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Hemlo Mining's Cash Conversion Cycle compare to NEM and AU?
Hemlo Mining's Cash Conversion Cycle of 24.97 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 15.02. Hemlo Mining's value of 24.97 is 66.3% 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 a Metals & Mining company?
The median Cash Conversion Cycle among Metals & Mining companies is 15.02, based on 1,164 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. Hemlo Mining's current Cash Conversion Cycle of 24.97 is 66.3% 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 Hemlo Mining and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 15.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hemlo Mining's current Cash Conversion Cycle is 24.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemlo Mining stock overvalued right now?
Hemlo Mining (TSX:HMMC) has a current Cash Conversion Cycle of 24.97. The current Cash Conversion Cycle is 24.97 and 66.3% above the Metals & Mining industry median of 15.02. Hemlo Mining's overall GF Score™ is 27/100 with 3 warning signs to review. 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 Hemlo Mining (TSX:HMMC), the current Cash Conversion Cycle is 24.97 as of Mar. 2026. 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.
Hemlo Mining Corp is a Canadian gold producer focused on the production and sale of gold, as well as related activities such as mine development and exploration. It owns the Hemlo Mine, which is a long-life, fully integrated gold mining operation located east of the town of Marathon in northwestern Ontario, Canada, along the Trans-Canada Highway and just north of Lake Superior. The Hemlo Mine produces gold from both underground and open-pit operations.
27GF Score
Get the complete analysis for TSX:HMMC
Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:HMMC has been successfully added to your 
