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CBL & Associates Properties (CBL & Associates Properties) Cash Conversion Cycle : 26.24 (As of Dec. 2023)


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What is CBL & Associates Properties Cash Conversion Cycle?

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

CBL & Associates Properties's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.24.
CBL & Associates Properties's Days Inventory for the three months ended in Dec. 2023 was 0.
CBL & Associates Properties's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, CBL & Associates Properties's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 26.24.


CBL & Associates Properties Cash Conversion Cycle Historical Data

The historical data trend for CBL & Associates Properties'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.

CBL & Associates Properties Cash Conversion Cycle Chart

CBL & Associates Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
- 65.70 - 21.33 28.66

CBL & Associates Properties Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.23 24.50 23.66 25.29 26.24

Competitive Comparison of CBL & Associates Properties's Cash Conversion Cycle

For the REIT - Retail subindustry, CBL & Associates Properties'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.


CBL & Associates Properties's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CBL & Associates Properties's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where CBL & Associates Properties's Cash Conversion Cycle falls into.



CBL & Associates Properties 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.

CBL & Associates Properties'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
=28.66+0-0
=28.66

CBL & Associates Properties's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=26.24+0-0
=26.24

* 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.


CBL & Associates Properties  (NYSE:CBL) 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.


CBL & Associates Properties Cash Conversion Cycle Related Terms

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CBL & Associates Properties (CBL & Associates Properties) Business Description

Traded in Other Exchanges
Address
2030 Hamilton Place Boulevard, Suite 500, Chattanooga, TN, USA, 37421
CBL & Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. . CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
Executives
Andrew Franklin Cobb officer: Exec VP-Accounting 1563 QUIET POND DR, CHATTANOOGA TN 37415
Benjamin W Jaenicke officer: Exec VP - Finance 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Michael A Torres director MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Joseph Khalili officer: EVP Financial Planning & Anlys 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Jennifer Cope officer: EVP Ops Services & Risk Mgmt 2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
David J Contis director 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Jeffery V. Curry officer: Interim Chief Legal Officer 4019 BREAKWATER DR, HIXON TN 37343
Charles B Lebovitz director, 10 percent owner, officer: Chairman and CEO CBL & ASSOCIATES PROPERTIES INC, ONE PARK PLACE 6148 LEE HWY, CHATTANOOGA TN 37421
Strategic Value Partners, Llc 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Strategic Value Special Situations Offshore Fund V, L.p. 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Jonathan M Heller director, other: Member of 10% owner group CANYON PARTNERS, LLC, 1370 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10019
Jeffrey Kivitz director 39 BOLAND ROAD, SHARON CT 06069
Marjorie L. Bowen director 225 6TH STREET, MANHATTAN BEACH CA 90266
Strategic Value Special Situations Master Fund Iv, L.p. 10 percent owner 100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iv Llc 10 percent owner C/O STRATEGIC VALUE PARTNERS, LLC, 100 WEST PUTNAM AVENUE, GREENWICH CT 06830