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Arizona Metals (TSX:AMC) Cash Conversion Cycle : 0.00 (As of Mar. 2024)


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What is Arizona Metals Cash Conversion Cycle?

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

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


Arizona Metals Cash Conversion Cycle Historical Data

The historical data trend for Arizona Metals'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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Arizona Metals Cash Conversion Cycle Chart

Arizona Metals Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
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Arizona Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Arizona Metals's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, Arizona Metals'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.


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

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

* The bar in red indicates where Arizona Metals's Cash Conversion Cycle falls into.



Arizona Metals 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.

Arizona Metals's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+0-0
=0.00

Arizona Metals's Cash Conversion Cycle for the quarter that ended in Mar. 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.


Arizona Metals  (TSX:AMC) 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.


Arizona Metals Cash Conversion Cycle Related Terms

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Arizona Metals (TSX:AMC) Business Description

Traded in Other Exchanges
Address
66 Wellington Street West, Suite 4100, Toronto, ON, CAN, M5K 1B7
Arizona Metals Corp is a mineral exploration company. It is engaged in gold and copper deposits. The firm's projects are the Kay mine project and the Sugarloaf peak gold project.
Executives
Marc Magellan Pais Director, Senior Officer
Paul Gregory Reid Director

Arizona Metals (TSX:AMC) Headlines

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