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Prelios SpA Cash Conversion Cycle

: -75,562.66 (As of Dec. 2017)
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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Prelios SpA's Days Sales Outstanding for the three months ended in Dec. 2017 was 125.33.
Prelios SpA's Days Inventory for the three months ended in Dec. 2017 was 0.
Prelios SpA's Days Payable for the three months ended in Dec. 2017 was 75687.99.
Therefore, Prelios SpA's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2017 was -75,562.66.


Prelios SpA Cash Conversion Cycle Historical Data

The historical data trend for Prelios SpA'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.

Prelios SpA Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Conversion Cycle
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 390.63 64.30 -591.23 -17,644.59 -78,339.90

Prelios SpA Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Cash Conversion Cycle 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 Premium Member Only Premium Member Only Premium Member Only -80,036.95 -88,511.59 -69,474.75 -84,048.37 -75,562.66

Competitive Comparison

For the Real Estate Services subindustry, Prelios SpA'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.

   

Prelios SpA Cash Conversion Cycle Distribution

For the Real Estate industry and Real Estate sector, Prelios SpA's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Prelios SpA's Cash Conversion Cycle falls into.



Prelios SpA 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.

Prelios SpA's Cash Conversion Cycle for the fiscal year that ended in Dec. 2017 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=167.37+0-78507.27
=-78,339.90

Prelios SpA's Cash Conversion Cycle for the quarter that ended in Dec. 2017 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=125.33+0-75687.99
=-75,562.66

* 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.


Prelios SpA  (GREY:PLLRF) 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.


Prelios SpA Cash Conversion Cycle Related Terms

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


Prelios SpA Business Description

Prelios SpA logo
Industry
Real Estate » Real Estate NAICS : 531190 SIC : 6531
Traded in Other Exchanges
N/A
Address
Via Valtellina, 15/17, Milan, ITA, 20159
Prelios is an European asset management company providing real estate and financial services. The company operates in Italy, Germany and Poland. Its services include Real estate fund management, Integrated property management services, Real estate agency, Valuations and Performing and non-performing loans management.

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