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Digital Core REIT (SGX:DCRU) Cash Conversion Cycle : 1,121.37 (As of Dec. 2023)


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What is Digital Core REIT Cash Conversion Cycle?

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

Digital Core REIT's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.5.
Digital Core REIT's Days Inventory for the six months ended in Dec. 2023 was 1161.8.
Digital Core REIT's Days Payable for the six months ended in Dec. 2023 was 64.93.
Therefore, Digital Core REIT's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 1,121.37.


Digital Core REIT Cash Conversion Cycle Historical Data

The historical data trend for Digital Core REIT'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.

Digital Core REIT Cash Conversion Cycle Chart

Digital Core REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
Cash Conversion Cycle
- - 8.38 4.55 1,287.36

Digital Core REIT Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 8.95 -113.33 -52.39 -50.21 1,121.37

Competitive Comparison of Digital Core REIT's Cash Conversion Cycle

For the REIT - Specialty subindustry, Digital Core REIT'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.


Digital Core REIT's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Digital Core REIT's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Digital Core REIT's Cash Conversion Cycle falls into.



Digital Core REIT 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.

Digital Core REIT'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
=22.37+1271.8-6.81
=1,287.36

Digital Core REIT'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
=24.5+1161.8-64.93
=1,121.37

* 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.


Digital Core REIT  (SGX:DCRU) 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.


Digital Core REIT Cash Conversion Cycle Related Terms

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Digital Core REIT (SGX:DCRU) Business Description

Traded in Other Exchanges
Address
10 Collyer Quay, No. 42-06 Ocean Financial Centre, Singapore, SGP, 049315
Digital Core REIT is an S-REIT established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally which are majorly used for data centre purposes, as well as assets necessary to support the digital economy. The company's geographical presence in North America (U.S. and Canada) and Germany. Company earns majority of its revenue from North America segment.

Digital Core REIT (SGX:DCRU) Headlines

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