Urban Edge Properties (Urban Edge Properties) Cash Conversion Cycle : 62.15 (As of Dec. 2023)

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What is Urban Edge Properties Cash Conversion Cycle?

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

Urban Edge Properties's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.15.
Urban Edge Properties's Days Inventory for the three months ended in Dec. 2023 was 0.
Urban Edge Properties's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Urban Edge Properties's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 62.15.

Urban Edge Properties Cash Conversion Cycle Historical Data

The historical data trend for Urban Edge 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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Urban Edge Properties Cash Conversion Cycle Chart

Urban Edge Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

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117.66

117.18

86.56

73.72

69.04

Urban Edge Properties Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash Conversion Cycle	Get a 7-Day Free Trial															73.13	75.05	75.38	74.22	62.15

Competitive Comparison of Urban Edge Properties's Cash Conversion Cycle

For the REIT - Retail subindustry, Urban Edge 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.

Urban Edge Properties's Cash Conversion Cycle Distribution in the REITs Industry

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

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

Urban Edge 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.

Urban Edge Properties'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
	=	69.04	+	0	-	0
	=	69.04

Urban Edge Properties'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
	=	62.15	+	0	-	0
	=	62.15

Urban Edge Properties (NYSE:UE) 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.

Urban Edge Properties Cash Conversion Cycle Related Terms

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Urban Edge Properties (Urban Edge Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Urban Edge Properties (NYSE:UE) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 Seventh Avenue, New York, NY, USA, 10019

Website

https://www.uedge.com

Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through the collection of rent from a large number of tenants.

Executives

Catherine Rice	director	8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Milton Robert C. Iii	officer: General Counsel and Secretary	C/O CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
Jeffrey Mooallem	officer: Chief Operating Officer	3 SERRAMONTE CENTER, DALY CITY CA 94015
Andrea Rosenthal Drazin	officer: Chief Accounting Officer	849 BRADFORD AVENUE, WESTFIELD NJ 07090
Katherine M Sandstrom	director	4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Mary Baglivo	director	C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Norman K. Jenkins	director	9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Susan Givens	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Herbert Eilberg	officer: Chief Investment Officer	C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Vita Danielle De	officer: EVP of Development	45 WOOTTON ROAD, ESSEX FELLS NJ 07021
Douglas William Sesler	director	54 NORTHWAY, BRONXVILLE NY 10708
Steven Roth	director
Christopher Weilminster	officer: Chief Operating Officer	C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Briggs Donald Ten Eyck	officer: President of Development	78 BLANCHARD RD., BURLINGTON MA 01803
Bernard Schachter	officer: EVP - Asset Management	C/O URBAN EDGE PROPERTIES, 210 ROUTE 4 EAST, PARAMUS NJ 07652