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Indigo Exploration (TSXV:IXI) Cash Conversion Cycle : 0.00 (As of Jun. 2024)


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What is Indigo Exploration Cash Conversion Cycle?

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

Indigo Exploration's Days Sales Outstanding for the three months ended in Jun. 2024 was .
Indigo Exploration's Days Inventory for the three months ended in Jun. 2024 was 0.
Indigo Exploration's Days Payable for the three months ended in Jun. 2024 was 0.
Therefore, Indigo Exploration's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2024 was 0.00.


Indigo Exploration Cash Conversion Cycle Historical Data

The historical data trend for Indigo Exploration'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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Indigo Exploration Cash Conversion Cycle Chart

Indigo Exploration Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
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Indigo Exploration Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Indigo Exploration's Cash Conversion Cycle

For the Gold subindustry, Indigo Exploration'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.


Indigo Exploration's Cash Conversion Cycle Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Indigo Exploration's Cash Conversion Cycle falls into.



Indigo Exploration 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.

Indigo Exploration'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
=+0-0
=0.00

Indigo Exploration's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+0-0
=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.


Indigo Exploration  (TSXV:IXI) 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.


Indigo Exploration Cash Conversion Cycle Related Terms

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


Indigo Exploration Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Indigo Exploration Inc is a junior natural resource company. It is engaged in the acquisition, exploration, and development of mineral properties. The company's geographic segments include Canada; Burkina Faso and Mali. The company's projects include Alberta Lithium Brines and Hantoukoura.
Executives
Bradley Parkes Director, Senior Officer

Indigo Exploration Headlines

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