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Essential Properties Realty Trust (Essential Properties Realty Trust) Cash Conversion Cycle : 524.84 (As of Mar. 2024)


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What is Essential Properties Realty Trust Cash Conversion Cycle?

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

Essential Properties Realty Trust's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.56.
Essential Properties Realty Trust's Days Inventory for the three months ended in Mar. 2024 was 399.28.
Essential Properties Realty Trust's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Essential Properties Realty Trust's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 524.84.


Essential Properties Realty Trust Cash Conversion Cycle Historical Data

The historical data trend for Essential Properties Realty 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.

Essential Properties Realty Trust Cash Conversion Cycle Chart

Essential Properties Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 217.50 976.05 1,145.53 1,186.64 601.56

Essential Properties Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 667.10 520.31 394.77 504.84 524.84

Competitive Comparison of Essential Properties Realty Trust's Cash Conversion Cycle

For the REIT - Diversified subindustry, Essential Properties Realty 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.


Essential Properties Realty Trust's Cash Conversion Cycle Distribution in the REITs Industry

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

* The bar in red indicates where Essential Properties Realty Trust's Cash Conversion Cycle falls into.



Essential Properties Realty 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.

Essential Properties Realty 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
=122.71+478.85-0
=601.56

Essential Properties Realty Trust's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=125.56+399.28-0
=524.84

* 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.


Essential Properties Realty Trust  (NYSE:EPRT) 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.


Essential Properties Realty Trust Cash Conversion Cycle Related Terms

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Essential Properties Realty Trust (Essential Properties Realty Trust) Business Description

Traded in Other Exchanges
Address
902 Carnegie Center Boulevard, Suite 520, Princeton, NJ, USA, 08540
Essential Properties Realty Trust Inc is a real estate investment trust. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.
Executives
Peter M. Mavoides director, officer: President and CEO 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Mark E Patten officer: Executive VP and CFO PO BOX 10809, DAYTONA BEACH FL 32120
Timothy J Earnshaw officer: SVP & Chief Accounting Officer 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Gregg A Seibert officer: Executive VP and COO 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Lawrence J Minich director 5760 N. CALLE DE LOS CAMARONES, TUSCON AZ 85718
Stephen D Sautel director C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Scott A Estes director WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Anthony K. Dobkin director 195 BOWERY, 6TH FLOOR, NEW YORK NY 10002
Heather Leed Neary director 973 BUCKWALTER ROAD, LITITZ PA 17543
Paul T Bossidy director 3135 EASTON TURNPIKE, FAIRFIELD CT 06828
Janaki Sivanesan director 575 MADISON AVENUE, NEW YORK NY 10022
Eldridge Industries, Llc 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Todd L Boehly 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Eprt Holdings, Llc 10 percent owner 902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Daniel P Donlan officer: Senior VP - Capital Markets 2021 MCKINNEY AVENUE, SUITE 1150, DALLAS TX 75201

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