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Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Cash Conversion Cycle : 881.44 (As of Oct. 2023)


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What is Berkeley Group Holdings (The) Cash Conversion Cycle?

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

Berkeley Group Holdings (The)'s Days Sales Outstanding for the six months ended in Oct. 2023 was 10.61.
Berkeley Group Holdings (The)'s Days Inventory for the six months ended in Oct. 2023 was 1118.6.
Berkeley Group Holdings (The)'s Days Payable for the six months ended in Oct. 2023 was 247.77.
Therefore, Berkeley Group Holdings (The)'s Cash Conversion Cycle (CCC) for the six months ended in Oct. 2023 was 881.44.


Berkeley Group Holdings (The) Cash Conversion Cycle Historical Data

The historical data trend for Berkeley Group Holdings (The)'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.

Berkeley Group Holdings (The) Cash Conversion Cycle Chart

Berkeley Group Holdings (The) Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 490.81 800.46 681.85 859.88 929.76

Berkeley Group Holdings (The) Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 550.35 757.47 904.18 741.66 881.44

Competitive Comparison of Berkeley Group Holdings (The)'s Cash Conversion Cycle

For the Residential Construction subindustry, Berkeley Group Holdings (The)'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.


Berkeley Group Holdings (The)'s Cash Conversion Cycle Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Berkeley Group Holdings (The)'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Berkeley Group Holdings (The)'s Cash Conversion Cycle falls into.



Berkeley Group Holdings (The) 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.

Berkeley Group Holdings (The)'s Cash Conversion Cycle for the fiscal year that ended in Apr. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=6.86+1047.24-124.34
=929.76

Berkeley Group Holdings (The)'s Cash Conversion Cycle for the quarter that ended in Oct. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=10.61+1118.6-247.77
=881.44

* 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.


Berkeley Group Holdings (The)  (OTCPK:BKGFY) 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.


Berkeley Group Holdings (The) Cash Conversion Cycle Related Terms

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Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Business Description

Traded in Other Exchanges
Address
19 Portsmouth Road, Berkeley House, Surrey, Cobham, GBR, KT11 1JG
Berkeley Group Holdings is a U.K. homebuilder specializing in large-scale residential-led brownfield redevelopment projects with a particular focus on the London, Birmingham, and south of England housing markets. The group is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain.

Berkeley Group Holdings (The) (Berkeley Group Holdings (The)) Headlines

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