Inca One Gold (XSGO:IOCL) Cash Conversion Cycle: 15.12 (As of Jan. 2024)

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What is Inca One Gold Cash Conversion Cycle?

Inca One Gold XSGO:IOCL 31 Cash Conversion Cycle is 15.12 as of Jan. 2024. GuruFocus rates XSGO:IOCL with a GF Score™ of 31/100. The stock has 6 warning signs investors should review.

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

Inca One Gold's Days Sales Outstanding for the three months ended in Jan. 2024 was 0.
Inca One Gold's Days Inventory for the three months ended in Jan. 2024 was 56.56.
Inca One Gold's Days Payable for the three months ended in Jan. 2024 was 41.44.
Therefore, Inca One Gold's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 15.12.


Inca One Gold  (XSGO:IOCL) 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.


Inca One Gold Cash Conversion Cycle Related Terms


Inca One Gold Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Inca One Gold'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.

Inca One Gold Cash Conversion Cycle Chart

Inca One Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.32 21.93 27.49 20.73 25.82

Inca One Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.19 19.11 14.99 15.22 15.12

XSGO:IOCL vs NEM: Cash Conversion Cycle Comparison

For the Gold subindustry, Inca One Gold'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.


Inca One Gold Cash Conversion Cycle vs Metals & Mining Industry

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

* The bar in red indicates where Inca One Gold's Cash Conversion Cycle falls into.



Inca One Gold 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.

Inca One Gold's Cash Conversion Cycle for the fiscal year that ended in Apr. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+68.27-42.45
=25.82

Inca One Gold's Cash Conversion Cycle for the quarter that ended in Jan. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+56.56-41.44
=15.12

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 15.12 mean?
Inca One Gold (XSGO:IOCL) has a Cash Conversion Cycle of 15.12 as of Jan. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Inca One Gold and its competitors.
Is Inca One Gold's Cash Conversion Cycle too high?
Inca One Gold's current Cash Conversion Cycle is 15.12. The Metals & Mining industry median Cash Conversion Cycle is 15.33. Inca One Gold's value of 15.12 is 1.4% below this industry median. Overall, Inca One Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Inca One Gold's Cash Conversion Cycle compare to NEM?
Inca One Gold's Cash Conversion Cycle of 15.12 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 15.33. Inca One Gold's value of 15.12 is 1.4% below 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 15.33, 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. Inca One Gold's current Cash Conversion Cycle of 15.12 is 1.4% below 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 Inca One Gold and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 15.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inca One Gold's current Cash Conversion Cycle is 15.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inca One Gold stock overvalued right now?
Inca One Gold (XSGO:IOCL) has a current Cash Conversion Cycle of 15.12. The current Cash Conversion Cycle is 15.12 and 1.4% below the Metals & Mining industry median of 15.33. Inca One Gold's overall GF Score™ is 31/100 with 6 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 Inca One Gold (XSGO:IOCL), the current Cash Conversion Cycle is 15.12 as of Jan. 2024. 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.

Inca One Gold Business Description

Address 1140 West Pender Street, Suite 850, Vancouver, BC, CAN, V6E 4G1
Inca One Gold Corp is a mineral resource company and mineral processing company. It is engaged in the business of developing gold-bearing mineral processing operations in Peru. Its activities consist of the production of gold and silver from the processing of purchased minerals. It provides its service basically to small-scale miners. It's Chala One milling facility located in Chala, Southern Peru. The Koricancha ore processing facility located in Peru. The company operates through a gold milling facility and generates revenue from the same.