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BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Cash Conversion Cycle : -138.11 (As of Dec. 2023)


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What is BTB Real Estate Investment Trust Cash Conversion Cycle?

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

BTB Real Estate Investment Trust's Days Sales Outstanding for the three months ended in Dec. 2023 was 5.55.
BTB Real Estate Investment Trust's Days Inventory for the three months ended in Dec. 2023 was 0.
BTB Real Estate Investment Trust's Days Payable for the three months ended in Dec. 2023 was 143.66.
Therefore, BTB Real Estate Investment Trust's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was -138.11.


BTB Real Estate Investment Trust Cash Conversion Cycle Historical Data

The historical data trend for BTB Real Estate Investment 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.

BTB Real Estate Investment Trust Cash Conversion Cycle Chart

BTB Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -137.99 -146.48 -153.79 -150.94 -131.44

BTB Real Estate Investment Trust 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 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 -142.02 -123.87 -139.53 -139.60 -138.11

Competitive Comparison of BTB Real Estate Investment Trust's Cash Conversion Cycle

For the REIT - Office subindustry, BTB Real Estate Investment 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.


BTB Real Estate Investment Trust's Cash Conversion Cycle Distribution in the REITs Industry

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

* The bar in red indicates where BTB Real Estate Investment Trust's Cash Conversion Cycle falls into.



BTB Real Estate Investment 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.

BTB Real Estate Investment Trust'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
=5.51+0-136.95
=-131.44

BTB Real Estate Investment Trust'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
=5.55+0-143.66
=-138.11

* 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.


BTB Real Estate Investment Trust  (OTCPK:BTBIF) 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.


BTB Real Estate Investment Trust Cash Conversion Cycle Related Terms

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BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
1411, Crescent Street, Suite 300, Montreal, QC, CAN, H3G 2B3
BTB Real Estate Investment Trust is a real estate investment trust. It owns and manages properties across Canada. The company has three operating segments; Industrial, Off-downtown core office, and Necessity-based retail. It derives a majority of its revenue in the form of rental revenue.

BTB Real Estate Investment Trust (BTB Real Estate Investment Trust) Headlines