SELECT * FROM `stock_list` where symbol='CLW' AND exchange = 'ASX' limit 0,1
SELECT * FROM `stock_list` where symbol='CLW' AND exchange = 'ASX' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "CLW" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 Charter Hall Long WALE REIT (ASX:CLW) Cash Conversion Cycle
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Charter Hall Long WALE REIT (ASX:CLW) Cash Conversion Cycle : -297.21 (As of Dec. 2023)


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What is Charter Hall Long WALE REIT Cash Conversion Cycle?

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

Charter Hall Long WALE REIT's Days Sales Outstanding for the six months ended in Dec. 2023 was 22.63.
Charter Hall Long WALE REIT's Days Inventory for the six months ended in Dec. 2023 was 0.
Charter Hall Long WALE REIT's Days Payable for the six months ended in Dec. 2023 was 319.84.
Therefore, Charter Hall Long WALE REIT's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was -297.21.


Charter Hall Long WALE REIT Cash Conversion Cycle Historical Data

The historical data trend for Charter Hall Long WALE 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.

Charter Hall Long WALE REIT Cash Conversion Cycle Chart

Charter Hall Long WALE REIT Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial 3.26 3.93 3.34 4.59 6.43

Charter Hall Long WALE REIT Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -252.67 -92.88 -250.02 -74.30 -297.21

Competitive Comparison of Charter Hall Long WALE REIT's Cash Conversion Cycle

For the REIT - Diversified subindustry, Charter Hall Long WALE 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.


Charter Hall Long WALE REIT's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Charter Hall Long WALE REIT's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Charter Hall Long WALE REIT's Cash Conversion Cycle falls into.



Charter Hall Long WALE 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.

Charter Hall Long WALE REIT's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=6.43+0-0
=6.43

Charter Hall Long WALE 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
=22.63+0-319.84
=-297.21

* 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.


Charter Hall Long WALE REIT  (ASX:CLW) 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.


Charter Hall Long WALE REIT Cash Conversion Cycle Related Terms

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Charter Hall Long WALE REIT (ASX:CLW) Business Description

Traded in Other Exchanges
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Long Wale REIT is a diversified property trust, with assets in Australia and New Zealand. Occupancy is near 100%, and weighted average lease length is a long 11.2 years (as at June 30, 2023). More than half the REIT's leases are triple-net, where tenants pay rates, maintenance and most outgoings. The REIT's about AUD 7 billion portfolio of 550 properties spans offices, industrial, retail, social infrastructure, and agricultural logistics assets, with about 79% of the portfolio on Australia's eastern seaboard. Leases are evenly spread between CPI-linked (7.2% average rent increase expected in 2023) and fixed uplifts (average 3.1% uplift expected). The tenant profile is strong, with almost all occupiers being government, multinational or national businesses.