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Franklin Street Properties (Franklin Street Properties) Cash Conversion Cycle

: 116.38 (As of Dec. 2023)
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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Franklin Street Properties's Days Sales Outstanding for the three months ended in Dec. 2023 was 116.38.
Franklin Street Properties's Days Inventory for the three months ended in Dec. 2023 was 0.
Franklin Street Properties's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Franklin Street Properties's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 116.38.


Franklin Street Properties Cash Conversion Cycle Historical Data

The historical data trend for Franklin Street Properties'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.

Franklin Street Properties 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 87.28 108.51 110.20 116.72 122.16

Franklin Street Properties 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 118.61 132.83 134.88 121.55 116.38

Competitive Comparison

For the REIT - Office subindustry, Franklin Street Properties'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.


Franklin Street Properties Cash Conversion Cycle Distribution

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

* The bar in red indicates where Franklin Street Properties's Cash Conversion Cycle falls into.



Franklin Street Properties 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.

Franklin Street Properties'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
=122.16+0-0
=122.16

Franklin Street Properties'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
=116.38+0-0
=116.38

* 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.


Franklin Street Properties  (AMEX:FSP) 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.


Franklin Street Properties Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Franklin Street Properties's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Street Properties (Franklin Street Properties) Business Description

Traded in Other Exchanges
Address
401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets. The company's operations include rental income from real estate leasing, interest income from secured loans made on office properties, property dispositions, and fee income from asset/property management and development. Franklin Street markets Atlanta, Dallas, Denver, Houston, and Minneapolis. It owns a portfolio of real estate consisting of approximately 32 properties.
Executives
Brian N Hansen director CONFLUENCE INVESTMENT MANAGEMENT LLC, 20 ALLEN AVENUE, SUITE 300, ST. LOUIS MO 63119
Jonathan Bennett Odle 10 percent owner 3622 ENDEAVOR AVENUE, SUITE 101, COLUMBIA MO 65201
Dennis J Mcgillicuddy director 1221 S. TAMIAMI TRAIL, SARASOTA FL 34239
Wilkins Milton P Jr director 401 EDGEWATER PLACE, STE 200, WAKEFIELD MA 01880
Kenneth A Hoxsie director 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
Georgia Murray director 433 SHAWMUT AVE, BOSTON MA 02118
John N Burke director 175 DERBY STREET, SUITE 42, HINGHAM MA 02043
Kathryn P O'neil director 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
John G Demeritt officer: Senior Vice President-Finance 401 EDGEWATER PLACE, STE. 200, WAKEFIELD MA 01880
George J Carter director, officer: CEO 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880
Eriel Anchondo officer: SVP/Operations 401 EDGEWATER PL, STE. 200, WAKEFIELD MA 01880
Jeffrey B Carter officer: Executive Vice President 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880
John F Donahue officer: Executive Vice President 401 EDGEWATER PL, STE 200, WAKEFIELD MA 01880
Barry Silverstein other: former director 2500 S. OCEAN BLVD., #503, BOCA RATON FL 33432
Barbara J Corinha director, officer: VP, COO, Treasurer & Secretary 401 EDGEWATER PLACE, SUITE 200, WAKEFIELD MA 01880

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