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Education Realty Trust (Education Realty Trust) Cash Conversion Cycle : 0.00 (As of Jun. 2018)


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What is Education Realty Trust Cash Conversion Cycle?

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

Education Realty Trust's Days Sales Outstanding for the three months ended in Jun. 2018 was 0.
Education Realty Trust's Days Inventory for the three months ended in Jun. 2018 was 0.
Education Realty Trust's Days Payable for the three months ended in Jun. 2018 was 0.
Therefore, Education Realty Trust's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2018 was 0.00.


Education Realty Trust Cash Conversion Cycle Historical Data

The historical data trend for Education Realty 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.

* Premium members only.

Education Realty Trust Cash Conversion Cycle Chart

Education Realty Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -4.70 417.74 378.19 -5.71

Education Realty Trust Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 1,185.46 1,065.27 986.43 -3.72 -

Competitive Comparison of Education Realty Trust's Cash Conversion Cycle

For the REIT - Residential subindustry, Education Realty 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.


Education Realty Trust's Cash Conversion Cycle Distribution in the REITs Industry

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

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



Education Realty 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.

Education Realty Trust's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=6.27+0-11.98
=-5.71

Education Realty Trust's Cash Conversion Cycle for the quarter that ended in Jun. 2018 is calculated as:

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


Education Realty Trust  (NYSE:EDR) 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.


Education Realty Trust Cash Conversion Cycle Related Terms

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Education Realty Trust (Education Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
Education Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of collegiate housing communities located near university campuses throughout the United States. In terms of the total number of residential communities and the total number of beds, the majority of the company's real estate portfolio is located in the Mid-Atlantic and South Central regions of the United States. Nearly all of Education Realty's revenue is derived from short-term collegiate housing leases. Most of this revenue is generated by the company's holdings in the Mid-Atlantic and South Central regions. Real estate markets surrounding universities in Kentucky and Texas represent some of Education Realty's largest individual markets.
Executives
John T Thomas director 309 N. WATER STREET, SUITE 500, MILWAUKEE WI 53202
Brewer Edwin B Jr officer: Executive VP and CFO C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Randy L Churchey director, officer: Chairman and CEO 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
John V Arabia director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Kimberly Schaefer director C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Randall H Brown officer: Exec. VP, CFO and Treasurer 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211