Frasers Hospitality Trust (SGX:ACV) Cash Conversion Cycle : -60.80 (As of Mar. 2024)

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What is Frasers Hospitality Trust Cash Conversion Cycle?

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

Frasers Hospitality Trust's Days Sales Outstanding for the six months ended in Mar. 2024 was 35.24.
Frasers Hospitality Trust's Days Inventory for the six months ended in Mar. 2024 was 0.22.
Frasers Hospitality Trust's Days Payable for the six months ended in Mar. 2024 was 96.26.
Therefore, Frasers Hospitality Trust's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was -60.80.

Frasers Hospitality Trust Cash Conversion Cycle Historical Data

The historical data trend for Frasers Hospitality 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.

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Frasers Hospitality Trust Cash Conversion Cycle Chart

Frasers Hospitality Trust Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash Conversion Cycle

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6.99

-11.75

-21.49

1.49

-0.68

Frasers Hospitality Trust Semi-Annual Data
	Dec14	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash Conversion Cycle	Get a 7-Day Free Trial													1,439.93	1,335.88	-52.60	-64.47	-60.80

Competitive Comparison of Frasers Hospitality Trust's Cash Conversion Cycle

For the REIT - Hotel & Motel subindustry, Frasers Hospitality 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.

Frasers Hospitality Trust's Cash Conversion Cycle Distribution in the REITs Industry

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

* The bar in red indicates where Frasers Hospitality Trust's Cash Conversion Cycle falls into.

Frasers Hospitality 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.

Frasers Hospitality Trust's Cash Conversion Cycle for the fiscal year that ended in Sep. 2023 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	16.75	+	0.22	-	17.65
	=	-0.68

Frasers Hospitality 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
	=	35.24	+	0.22	-	96.26
	=	-60.80

Frasers Hospitality Trust (SGX:ACV) 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.

Frasers Hospitality Trust Cash Conversion Cycle Related Terms

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Frasers Hospitality Trust (SGX:ACV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Frasers Hospitality Trust (SGX:ACV) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

438 Alexandra Road, No.21-00, Alexandra Point, Singapore, SGP, 119958

Website

https://www.frasershospitalitytrust.com

Frasers Hospitality Trust, or FHT, is a global hotel and serviced residence trust that invests in income-producing real estate and real estate-related assets used mainly for hospitality purposes. Its hotels are luxury, upscale, and midscale properties. FHT's investment properties are across Singapore, Australia, Malaysia, Germany, Japan, and the United Kingdom, in cities such as Singapore, Kuala Lumpur, Kobe, Sydney, London, Edinburgh, and Glasgow. Frasers derives the majority of its revenue from its assets in Singapore and Australia. International hotel chains, such as Accor, and InterContinental manage the company's portfolio; as well as Frasers Hospitality, which is a serviced residence operator. The company business segment consist of master leases and hotel under management contract.