Chesapeake Lodging Trust (Chesapeake Lodging Trust) Cash Conversion Cycle : 15.13 (As of Jun. 2019)

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What is Chesapeake Lodging Trust Cash Conversion Cycle?

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

Chesapeake Lodging Trust's Days Sales Outstanding for the three months ended in Jun. 2019 was 15.13.
Chesapeake Lodging Trust's Days Inventory for the three months ended in Jun. 2019 was 0.
Chesapeake Lodging Trust's Days Payable for the three months ended in Jun. 2019 was 0.
Therefore, Chesapeake Lodging Trust's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2019 was 15.13.

Chesapeake Lodging Trust Cash Conversion Cycle Historical Data

The historical data trend for Chesapeake Lodging Trust'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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Chesapeake Lodging Trust Cash Conversion Cycle Chart

Chesapeake Lodging Trust Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash Conversion Cycle

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9.97

8.99

10.47

12.43

11.96

Chesapeake Lodging Trust Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Cash Conversion Cycle	Get a 7-Day Free Trial															16.39	19.07	16.14	14.58	15.13

Competitive Comparison of Chesapeake Lodging Trust's Cash Conversion Cycle

For the REIT - Hotel & Motel subindustry, Chesapeake Lodging Trust'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.

Chesapeake Lodging Trust's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chesapeake Lodging Trust's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Chesapeake Lodging Trust's Cash Conversion Cycle falls into.

Chesapeake Lodging Trust 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.

Chesapeake Lodging Trust's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	11.96	+	0	-	0
	=	11.96

Chesapeake Lodging Trust's Cash Conversion Cycle for the quarter that ended in Jun. 2019 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	15.13	+	0	-	0
	=	15.13

Chesapeake Lodging Trust (NYSE:CHSP) 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.

Chesapeake Lodging Trust Cash Conversion Cycle Related Terms

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Chesapeake Lodging Trust (Chesapeake Lodging Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chesapeake Lodging Trust (NYSE:CHSP) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 Wilson Boulevard, Suite 625, Arlington, VA, USA, 22203

Website

http://www.chesapeakelodgingtrust.com

Chesapeake Lodging Trust is a real estate investment trust that invests in upper-upscale hotels in business and convention markets and, selectively, premium select-service hotels in urban settings and other locations in the United States. The company operates through its hotel ownership segment. The firm's operations include management agreements, which includes partnering with third parties to manage its hotels; franchise agreements; and TRS lease agreements, which are intercompany agreements between Chesapeake's property-owning subsidiaries and its TRS lessees. The company's revenue streams include room, food and beverage, and other, of which the room segment contributes the vast majority of total revenue.

Executives

Thomas D Eckert	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
John W Hill	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
James L Francis	director, officer: President & CEO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Douglas W Vicari	director, officer: EVP & CFO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Thomas A Natelli	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
D Rick Adams	officer: EVP & COO	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jeffrey D Nuechterlein	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Graham J. Wootten	officer: SVP, CAO & Secretary	C/O CHESAPEAKE LODGING TRUST, 1997 ANNAPOLIS EXCHANGE PARKWAY, ANNAPOLIS MD 21401
Angelique G. Brunner	director	C/O CHESAPEAKE LODGING TRUST, 4300 WILSON BOULEVARD, SUITE 625, ARLINGTON VA 22203
George F Mckenzie	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Geoffrey Hulme	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
A Alex Porter	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Paul E Orlin	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Jonathan W Friedland	10 percent owner	C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Porter Orlin Llc	10 percent owner	666 FIFTH AVENUE, SUITE 3403, NEW YORK NY 10103