Comet Ridge Stock

Comet Ridge Cash Conversion Cycle

The Cash Conversion Cycle (CCC) of Comet Ridge (COI.AX) as of Sep 4, 2026 is -59.11. In the previous year, Cash Conversion Cycle (CCC) was -366.16 — a change of -83.86% (higher).

Cash Conversion Cycle

-59.11

YoY

-83.86%

Last updated:

Cash Conversion Cycle (CCC) of Comet Ridge is 2026 -59.11 . Cash Conversion Cycle (CCC) of Comet Ridge was 2025 -366.16 . It decreases by -83.86% higher compared to the previous year.

The Comet Ridge Cash Conversion Cycle history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Cash Conversion Cycle
Date
Cash Conversion Cycle
Jan 1, 2018
31.11 AUD
Jan 1, 2019
72.14 AUD
Jan 1, 2020
262.96 AUD
Jan 1, 2021
786.26 AUD
Jan 1, 2022
110.69 AUD
Jan 1, 2023
-117.29 AUD
Jan 1, 2024
-366.16 AUD
Jan 1, 2025
-59.11 AUD
The Comet Ridge Cash Conversion Cycle history
YEARCash Conversion CycleYoY
-59.11-83.86%
-366.16+212.17%
-117.29-205.97%
110.69-85.92%
786.26+199.01%
262.96+264.52%
72.14+131.90%
31.11-99.26%
4,204.80-1,628.11%
-275.16
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Comet Ridge Stock analysis

What does Comet Ridge do? Comet Ridge Ltd. is an Australian company specializing in the exploration and production of unconventional natural gas. It was founded in 2005 and is headquartered in Brisbane, Australia. The company began exploring the Bowen Basin in Queensland for unconventional natural gas, specifically coal seam gas. It identified a significant potential for production and initiated planning and development activities in the region. Comet Ridge operates with a unique business model based on identifying opportunities for exploration and production of coal seam gas. It follows a strategy of joint operations, where it owns and operates multiple areas within its operating region, sharing operational liabilities with its partners. The company is divided into different business segments, including operational activities focused on the conversion of existing reserves into economically viable assets, as well as gas marketing, selling coal seam gas to various industries, representing an environmentally friendly strategy due to its lower greenhouse gas emissions. Comet Ridge also holds interests in a leading coal mine in Australia and a company specializing in compressor design and construction for the gas industry. In addition to coal seam gas, the company offers various products and services, including commercial and technical support. Overall, Comet Ridge Ltd. specializes in the exploration, production, and marketing of coal seam gas, implementing an environmentally sustainable strategy and reducing greenhouse gas emissions for a more sustainable future. Comet Ridge is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Comet Ridge stock

Cash Conversion Cycle (CCC) of Comet Ridge is -59.11 in 2026.

Cash Conversion Cycle (CCC) of Comet Ridge changed from -366.16 to -59.11, representing a -83.86% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Cash Conversion Cycle (CCC) Comet Ridge since 2006 – with annual values, charts, and detailed analysis.

The Cash Conversion Cycle measures how long it takes to convert inventory investments into cash from sales. A shorter CCC indicates more efficient working capital management.

CCC = DSO + DIO - DPO

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Conversion Cycle (CCC)'s Comet Ridge with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Conversion Cycle (CCC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Conversion Cycle (CCC).

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