GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Power REIT (AMEX:PW) » Definitions » Cash Conversion Cycle

Power REIT (Power REIT) Cash Conversion Cycle

: -118.89 (As of Dec. 2023)
View and export this data going back to 1980. Start your Free Trial

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

Power REIT's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.
Power REIT's Days Inventory for the three months ended in Dec. 2023 was 0.
Power REIT's Days Payable for the three months ended in Dec. 2023 was 118.89.
Therefore, Power REIT's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was -118.89.


Power REIT Cash Conversion Cycle Historical Data

The historical data trend for Power REIT'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.

Power REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -671.93 -905.98 -715.96 -296.32 -160.57

Power REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Conversion Cycle 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 Premium Member Only Premium Member Only Premium Member Only -125.43 -192.09 -151.31 -163.77 -118.89

Competitive Comparison

For the REIT - Specialty subindustry, Power REIT'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.


Power REIT Cash Conversion Cycle Distribution

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

* The bar in red indicates where Power REIT's Cash Conversion Cycle falls into.



Power REIT 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.

Power REIT'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
=0.31+0-160.88
=-160.57

Power REIT'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
=0+0-118.89
=-118.89

* 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.


Power REIT  (AMEX:PW) 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.


Power REIT Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Power REIT's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Power REIT (Power REIT) Business Description

Industry
Traded in Other Exchanges
Address
301 Winding Road, Old Bethpage, NY, USA, 11804
Power REIT is a real estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture, Renewable Energy and Transportation. The company is actively seeking to expand its real estate portfolio related to Controlled Environment Agriculture for the cultivation of food and cannabis. The company is focused on CEA in the form of a greenhouse which uses dramatically less energy than indoor growing, 95% less water usage than outdoor growing and does not have any agricultural runoff of fertilizers or pesticides. To date, its greenhouse properties are operated for the cultivation of cannabis by state-licensed operators.
Executives
Dionisio D'aguilar director 301 WINDING ROAD, OLD BETHPAGE NY 11804
Virgil E Wenger director 450 MIDDLESEX RD, DARIEN CT 06820-2519
Haynes Patrick R Iii director 1111 W STREET, NW, APARTMENT #1, WASHINGTON DC DC 20009
Paula Poskon director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Susan Hollander officer: Chief Accounting Officer 21 PASTURE LANE, OLD BETHPAGE NY 11804
David H Lesser director, 10 percent owner, officer: Chairman and CEO 301 WINDING ROAD, OLD BETHPAGE NY 11804
Justinian Hobor director 1358 W. GREENLEAF AVE., APT. 3S, CHICAGO IL 60626
William Susman director 3 EAST 84TH STREET, NEW YORK NY 10028
Arun Mittal officer: Corporate Secretary, Treasurer 2631 MEADOW HALL DRIVE, HERNDON VA 20171