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Uranium Energy (XTER:U6Z) Cash Conversion Cycle : 492.06 (As of Oct. 2024)


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What is Uranium Energy Cash Conversion Cycle?

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

Uranium Energy's Days Sales Outstanding for the three months ended in Oct. 2024 was 0.
Uranium Energy's Days Inventory for the three months ended in Oct. 2024 was 598.86.
Uranium Energy's Days Payable for the three months ended in Oct. 2024 was 106.8.
Therefore, Uranium Energy's Cash Conversion Cycle (CCC) for the three months ended in Oct. 2024 was 492.06.


Uranium Energy Cash Conversion Cycle Historical Data

The historical data trend for Uranium Energy'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.

Uranium Energy Cash Conversion Cycle Chart

Uranium Energy Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -179.57 - 1,018.29 112.67 58,929.57

Uranium Energy Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 13,654.75 40,217.91 - - 492.06

Competitive Comparison of Uranium Energy's Cash Conversion Cycle

For the Uranium subindustry, Uranium Energy'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.


Uranium Energy's Cash Conversion Cycle Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Uranium Energy's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Uranium Energy's Cash Conversion Cycle falls into.



Uranium Energy 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.

Uranium Energy's Cash Conversion Cycle for the fiscal year that ended in Jul. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+79676.55-20746.98
=58,929.57

Uranium Energy's Cash Conversion Cycle for the quarter that ended in Oct. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+598.86-106.8
=492.06

* 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.


Uranium Energy  (XTER:U6Z) 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.


Uranium Energy Cash Conversion Cycle Related Terms

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Uranium Energy Business Description

Traded in Other Exchanges
Address
500 North Shoreline Boulevard, Suite 800, Corpus Christi, TX, USA, 78401
Uranium Energy Corp is engaged in uranium mining and related activities. The company is working towards fueling the demand for carbon-free nuclear energy, a key solution to climate change, and energy source for the low-carbon future. The company is advancing its next generation of low-cost, environmentally friendly, in-situ recovery (ISR) mining uranium projects. The company has two extraction-ready ISR hub and spoke platforms in South Texas and Wyoming. UEC also has seven U.S. ISR uranium projects with all of their permits in place, with additional diversified holdings of uranium assets across the U.S., Canada and Paraguay.

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