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AEON REIT Investment (TSE:3292) Cash Conversion Cycle : -18.80 (As of Jul. 2023)


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What is AEON REIT Investment Cash Conversion Cycle?

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

AEON REIT Investment's Days Sales Outstanding for the six months ended in Jul. 2023 was 0.
AEON REIT Investment's Days Inventory for the six months ended in Jul. 2023 was 0.
AEON REIT Investment's Days Payable for the six months ended in Jul. 2023 was 18.8.
Therefore, AEON REIT Investment's Cash Conversion Cycle (CCC) for the six months ended in Jul. 2023 was -18.80.


AEON REIT Investment Cash Conversion Cycle Historical Data

The historical data trend for AEON REIT Investment'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.

AEON REIT Investment Cash Conversion Cycle Chart

AEON REIT Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.10 -6.34 -6.00 -17.77 -22.73

AEON REIT Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -14.31 -26.23 -26.86 -18.80 -15.61

Competitive Comparison of AEON REIT Investment's Cash Conversion Cycle

For the REIT - Retail subindustry, AEON REIT Investment'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.


AEON REIT Investment's Cash Conversion Cycle Distribution in the REITs Industry

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

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



AEON REIT Investment 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.

AEON REIT Investment's Cash Conversion Cycle for the fiscal year that ended in Jul. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-22.73
=-22.73

AEON REIT Investment's Cash Conversion Cycle for the quarter that ended in Jul. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-18.8
=-18.80

* 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.


AEON REIT Investment  (TSE:3292) 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.


AEON REIT Investment Cash Conversion Cycle Related Terms

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AEON REIT Investment (TSE:3292) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1, Nishiki-cho Kanda, Chiyoda-ku, Tokyo, JPN, 101-0054
AEON REIT Investment Corp is engaged in the real estate leasing business. The company aims to ensure a stable income and achieve steady portfolio growth over the medium-to-long term by investing in retail and securitized real estate products. The company invests in properties located in various regions throughout Japan including Kinki, Chugoku, Kyushu and Okinawa, Tokai and Hokuriku, Shikoku, Hokkaido and Tohoku, Kanto and Koushinetsu regions. Its investment areas are also located in overseas regions.

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