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Landsea Homes (Landsea Homes) Cash Conversion Cycle : 391.75 (As of Mar. 2024)


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What is Landsea Homes Cash Conversion Cycle?

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

Landsea Homes's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.
Landsea Homes's Days Inventory for the three months ended in Mar. 2024 was 422.1.
Landsea Homes's Days Payable for the three months ended in Mar. 2024 was 30.35.
Therefore, Landsea Homes's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 391.75.


Landsea Homes Cash Conversion Cycle Historical Data

The historical data trend for Landsea Homes'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.

Landsea Homes Cash Conversion Cycle Chart

Landsea Homes Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
-0.08 382.06 308.83 281.73 378.34

Landsea Homes Quarterly Data
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 470.01 389.44 436.81 292.70 391.75

Competitive Comparison of Landsea Homes's Cash Conversion Cycle

For the Real Estate - Development subindustry, Landsea Homes'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.


Landsea Homes's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Landsea Homes's Cash Conversion Cycle falls into.



Landsea Homes 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.

Landsea Homes'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
=0+406.3-27.96
=378.34

Landsea Homes'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
=0+422.1-30.35
=391.75

* 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.


Landsea Homes  (NAS:LSEA) 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.


Landsea Homes Cash Conversion Cycle Related Terms

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


Landsea Homes (Landsea Homes) Business Description

Traded in Other Exchanges
Address
660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660
Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.
Executives
Elias Farhat director C/O LF CAPITAL ACQUISITION CORP, 600 MADISON AVE, NEW YORK NY 10022
Green Investment Alpha Ltd 10 percent owner 595 BURRARD STREET, STE 1000, VANCOUVER A1 V7X1S8
Landsea Holdings Corp 10 percent owner 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Michael Forsum officer: President and COO 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
John Ho director, officer: Chief Executive Officer 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Christopher T Porter officer: Chief Financial Officer CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Robert S Miller director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Thomas Hartfield director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Mollie Fadule director 14273 209TH AVENUE NE, WOODINVILLE WA 98077
Dilliana Stewart officer: Chief Accounting Officer C/O LANDSEA HOMES, 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Xuefeng Bao other: see explanatory note 1007-102 10 F/K WAH CENTRE, 191 JAVA ROAD, NORTH POINT K3 HONG KONG
Qin Zhou director 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Scott A. Reed director, officer: Chief Financial Officer 901 E. CARY STREET, ONE JAMES CENTER, SUITE 1700, RICHMOND VA 23219
Susan E. Lattmann director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Trent Schreiner officer: SVP of Accounting and CAO 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660