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LFLRF (LaFleur Minerals) Cash Conversion Cycle : 0.00 (As of Sep. 2024)


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What is LaFleur Minerals Cash Conversion Cycle?

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

LaFleur Minerals's Days Sales Outstanding for the three months ended in Sep. 2024 was .
LaFleur Minerals's Days Inventory for the three months ended in Sep. 2024 was .
LaFleur Minerals's Days Payable for the three months ended in Sep. 2024 was .
Therefore, LaFleur Minerals's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 0.00.


LaFleur Minerals Cash Conversion Cycle Historical Data

The historical data trend for LaFleur Minerals'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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LaFleur Minerals Cash Conversion Cycle Chart

LaFleur Minerals Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Mar24
Cash Conversion Cycle
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LaFleur Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of LaFleur Minerals's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, LaFleur Minerals'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.


LaFleur Minerals's Cash Conversion Cycle Distribution in the Metals & Mining Industry

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

* The bar in red indicates where LaFleur Minerals's Cash Conversion Cycle falls into.



LaFleur Minerals 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.

LaFleur Minerals's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

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

LaFleur Minerals's Cash Conversion Cycle for the quarter that ended in Sep. 2024 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.


LaFleur Minerals  (OTCPK:LFLRF) 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.


LaFleur Minerals Cash Conversion Cycle Related Terms

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LaFleur Minerals Business Description

Traded in Other Exchanges
Address
1500 - 1055 West Georgia Street, Vancouver, BC, CAN, V6E 4N7
LaFleur Minerals Inc is a North American junior mining exploration company that specializes in lithium and owns 100% of two lithium properties which properties are located in the James Bay and Mazerac regions, covering approximately 303 sqkm. The Vieux Comptoir property is located approximately 45km east of the Patriot Battery Metals Corvette Project and 45km west of Winsome Resources, Adina project and is under Option to Superior Mining International Corporation. The Mazerac property is located about 50km southwest of Val-d'Or and is located near Vision Lithium's Cadillac property and Winsome Resources' Decelles property.

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