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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Cash Conversion Cycle : 59.46 (As of Jun. 2022)


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What is Bluerock Residential Growth REIT Cash Conversion Cycle?

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

Bluerock Residential Growth REIT's Days Sales Outstanding for the three months ended in Jun. 2022 was 70.4.
Bluerock Residential Growth REIT's Days Inventory for the three months ended in Jun. 2022 was 0.
Bluerock Residential Growth REIT's Days Payable for the three months ended in Jun. 2022 was 10.94.
Therefore, Bluerock Residential Growth REIT's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2022 was 59.46.


Bluerock Residential Growth REIT Cash Conversion Cycle Historical Data

The historical data trend for Bluerock Residential Growth 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.

Bluerock Residential Growth REIT Cash Conversion Cycle Chart

Bluerock Residential Growth REIT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.48 15.38 19.40 31.33 47.72

Bluerock Residential Growth REIT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 59.40 61.68 53.98 48.93 59.46

Competitive Comparison of Bluerock Residential Growth REIT's Cash Conversion Cycle

For the REIT - Residential subindustry, Bluerock Residential Growth 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.


Bluerock Residential Growth REIT's Cash Conversion Cycle Distribution in the REITs Industry

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

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



Bluerock Residential Growth 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.

Bluerock Residential Growth REIT's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=60.06+0-12.34
=47.72

Bluerock Residential Growth REIT's Cash Conversion Cycle for the quarter that ended in Jun. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=70.4+0-10.94
=59.46

* 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.


Bluerock Residential Growth REIT  (AMEX:BRG) 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.


Bluerock Residential Growth REIT Cash Conversion Cycle Related Terms

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Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Bluerock Residential Growth REIT Inc is a real estate investment trust (or REIT). The company's objective is to maximize long-term stockholder value by acquiring well-located institutional-quality apartment properties in demographically attractive growth markets across the United States. Its property portfolios include Alexan CityCentre, Alexan Southside, Arium Grandewood, Arium Palmer Ranch, and others.
Executives
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Christopher J. Vohs officer: Chief Financial Officer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Ryan S Macdonald officer: Chief Acquisitions Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Ramin Kamfar director, officer: Chairman and CEO 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Michael L. Konig officer: See Remarks 712 FIFTH AVENUE 9TH FLOOR NEW YORK NY 10019
Jordan B. Ruddy officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
Gary Kachadurian director, officer: Chief Investment Officer 620 NEWPORT CENTER DRIVE SUITE 1300 NEWPORT BEACH CA 92660
Bluerock Special Opportunity & Income Fund Ii, Llc 10 percent owner C/O BLUEROCK REAL ESTATE, L.L.C. 70 EAST 55TH STREET, 9TH FLOOR NEW YORK NY 10022
Brian D. Bailey director C/O CARMICHAEL INVESTMENT PARTNERS LLC, 4725 PIEDMONT ROW DRIVE, SUITE 210, CHARLOTTE NC 28210
Randy I Anderson officer: Chief Executive Officer GRIFFIN CAPITAL PLAZA 1520 GRAND AVENUE EL SEGUNDO CA 90245

Bluerock Residential Growth REIT (Bluerock Residential Growth REIT) Headlines

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