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Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Cash Conversion Cycle : 157.49 (As of Sep. 2023)


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What is Avrupakent Gayrimenkul Yatirim Ortakligi Cash Conversion Cycle?

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

Avrupakent Gayrimenkul Yatirim Ortakligi's Days Sales Outstanding for the three months ended in Sep. 2023 was 79.88.
Avrupakent Gayrimenkul Yatirim Ortakligi's Days Inventory for the three months ended in Sep. 2023 was 160.73.
Avrupakent Gayrimenkul Yatirim Ortakligi's Days Payable for the three months ended in Sep. 2023 was 83.12.
Therefore, Avrupakent Gayrimenkul Yatirim Ortakligi's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 157.49.


Avrupakent Gayrimenkul Yatirim Ortakligi Cash Conversion Cycle Historical Data

The historical data trend for Avrupakent Gayrimenkul Yatirim Ortakligi'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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Avrupakent Gayrimenkul Yatirim Ortakligi Cash Conversion Cycle Chart

Avrupakent Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec20 Dec21 Dec22
Cash Conversion Cycle
-43.56 835.42 283.59

Avrupakent Gayrimenkul Yatirim Ortakligi Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial - - 158.19 - 157.49

Competitive Comparison of Avrupakent Gayrimenkul Yatirim Ortakligi's Cash Conversion Cycle

For the Real Estate - Diversified subindustry, Avrupakent Gayrimenkul Yatirim Ortakligi'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.


Avrupakent Gayrimenkul Yatirim Ortakligi's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Avrupakent Gayrimenkul Yatirim Ortakligi's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Avrupakent Gayrimenkul Yatirim Ortakligi's Cash Conversion Cycle falls into.



Avrupakent Gayrimenkul Yatirim Ortakligi 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.

Avrupakent Gayrimenkul Yatirim Ortakligi's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=45.98+380.29-142.68
=283.59

Avrupakent Gayrimenkul Yatirim Ortakligi's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=79.88+160.73-83.12
=157.49

* 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.


Avrupakent Gayrimenkul Yatirim Ortakligi  (IST:AVPGY) 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.


Avrupakent Gayrimenkul Yatirim Ortakligi Cash Conversion Cycle Related Terms

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Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Atakoy 7-8-9-10, Kisim Mah C. Cesme E-5, Yanyol Cad.N.8/2/7, Bakirkoy, Istanbul, TUR
Avrupakent Gayrimenkul Yatirim Ortakligi is a company that has business activities in the fields of real estate development, rental and management. It contains valuable portfolios of the country with its shopping malls, residences and other real estate. It also develops projects and rents or sells operating real estate.

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