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DCT Industrial Trust (DCT Industrial Trust) Cash Conversion Cycle : -281.33 (As of Jun. 2018)


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What is DCT Industrial Trust Cash Conversion Cycle?

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

DCT Industrial Trust's Days Sales Outstanding for the three months ended in Jun. 2018 was 68.54.
DCT Industrial Trust's Days Inventory for the three months ended in Jun. 2018 was 0.
DCT Industrial Trust's Days Payable for the three months ended in Jun. 2018 was 349.87.
Therefore, DCT Industrial Trust's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2018 was -281.33.


DCT Industrial Trust Cash Conversion Cycle Historical Data

The historical data trend for DCT Industrial 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.

DCT Industrial Trust Cash Conversion Cycle Chart

DCT Industrial 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 -211.76 -227.96 -321.04 -315.05 -299.84

DCT Industrial 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 -251.80 -309.75 -322.04 -287.94 -281.33

Competitive Comparison of DCT Industrial Trust's Cash Conversion Cycle

For the REIT - Industrial subindustry, DCT Industrial 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.


DCT Industrial Trust's Cash Conversion Cycle Distribution in the REITs Industry

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

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



DCT Industrial 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.

DCT Industrial 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
=69.14+0-368.98
=-299.84

DCT Industrial 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
=68.54+0-349.87
=-281.33

* 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.


DCT Industrial Trust  (NYSE:DCT) 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.


DCT Industrial Trust Cash Conversion Cycle Related Terms

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DCT Industrial Trust (DCT Industrial Trust) Business Description

Traded in Other Exchanges
N/A
Address
DCT Industrial Trust Inc is a real estate investment trust engaged in the acquiring, leasing, and managing of large distribution and light industrial warehouses near large U.S. urban markets. The company segments its operations into East, Central, and West divisions. DCT's property portfolio is fairly evenly distributed amongst its three regional units both in terms of total square footage and the percent of total revenue derived from each. The largest cities in each region play host to the most buildings. The company generates nearly all of its revenue in the form of rental revenue from its fairly diversified base of tenants. Manufacturing, transportation and warehousing, and wholesale trade companies account for most of DCT's revenue and total occupied square feet.
Executives
Philip L Hawkins director, officer: President and CEO C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
Marcus L. Smith director 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Mark Skomal officer: Chief Accounting Officer C/O CYRUSONE INC. 2850 N HARWOOD ST STE 2200 DALLAS TX 75201
Raymond B Greer director 1515 WEST 20TH STREET, P.O. BOX 612787, DFW INTERNATIONAL AIRPORT TX 75261
Thomas F August director 6214 PARK LANE, DALLAS TX 75225
Marilyn A Alexander director 565 DUNNEGAN DRIVE, LAGUNA BEACH CA 92651
Thomas G Wattles director, officer: Chairman ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Stuart B Brown officer: Chief Financial Officer 518 17TH STREET, SUITE 1700, DENVER CO 80202