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Brookfield Office Properties (TSX:BPO.PR.P.PFD) Cash Conversion Cycle : 44.21 (As of Mar. 2016)


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What is Brookfield Office Properties Cash Conversion Cycle?

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

Brookfield Office Properties's Days Sales Outstanding for the three months ended in Mar. 2016 was 44.21.
Brookfield Office Properties's Days Inventory for the three months ended in Mar. 2016 was 0.
Brookfield Office Properties's Days Payable for the three months ended in Mar. 2016 was 0.
Therefore, Brookfield Office Properties's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2016 was 44.21.


Brookfield Office Properties Cash Conversion Cycle Historical Data

The historical data trend for Brookfield Office Properties'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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Brookfield Office Properties Cash Conversion Cycle Chart

Brookfield Office Properties Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -499.04 -402.95 32.98 41.38 46.25

Brookfield Office Properties Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 52.95 50.63 46.32 49.39 44.21

Competitive Comparison of Brookfield Office Properties's Cash Conversion Cycle

For the Real Estate Services subindustry, Brookfield Office Properties'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.


Brookfield Office Properties's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Brookfield Office Properties's Cash Conversion Cycle falls into.



Brookfield Office Properties 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.

Brookfield Office Properties's Cash Conversion Cycle for the fiscal year that ended in Dec. 2015 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=46.25+0-0
=46.25

Brookfield Office Properties's Cash Conversion Cycle for the quarter that ended in Mar. 2016 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=44.21+0-0
=44.21

* 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.


Brookfield Office Properties  (TSX:BPO.PR.P.PFD) 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.


Brookfield Office Properties Cash Conversion Cycle Related Terms

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Brookfield Office Properties (TSX:BPO.PR.P.PFD) Business Description

Address
181 Bay Street, Suite 330, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

Brookfield Office Properties (TSX:BPO.PR.P.PFD) Headlines

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