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Elanor Commercial Property Fund (ASX:ECF) Cash Conversion Cycle : -261.40 (As of Dec. 2024)


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What is Elanor Commercial Property Fund Cash Conversion Cycle?

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

Elanor Commercial Property Fund's Days Sales Outstanding for the six months ended in Dec. 2024 was 11.06.
Elanor Commercial Property Fund's Days Inventory for the six months ended in Dec. 2024 was 0.
Elanor Commercial Property Fund's Days Payable for the six months ended in Dec. 2024 was 272.46.
Therefore, Elanor Commercial Property Fund's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was -261.40.


Elanor Commercial Property Fund Cash Conversion Cycle Historical Data

The historical data trend for Elanor Commercial Property Fund'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.

Elanor Commercial Property Fund Cash Conversion Cycle Chart

Elanor Commercial Property Fund Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle
-62.71 -224.27 -355.93 -466.21 -350.71

Elanor Commercial Property Fund Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -412.99 -506.19 -554.59 -379.57 -261.40

Competitive Comparison of Elanor Commercial Property Fund's Cash Conversion Cycle

For the Real Estate Services subindustry, Elanor Commercial Property Fund'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.


Elanor Commercial Property Fund's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elanor Commercial Property Fund's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Elanor Commercial Property Fund's Cash Conversion Cycle falls into.


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Elanor Commercial Property Fund 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.

Elanor Commercial Property Fund's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=5.24+0-355.95
=-350.71

Elanor Commercial Property Fund's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=11.06+0-272.46
=-261.40

* 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.


Elanor Commercial Property Fund  (ASX:ECF) 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.


Elanor Commercial Property Fund Cash Conversion Cycle Related Terms

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Elanor Commercial Property Fund Business Description

Traded in Other Exchanges
N/A
Address
259 George Street, Level 38, Sydney, NSW, AUS, 2000
Elanor Commercial Property Fund is engaged in the Australian real estate investment and funds management business. The key investment sector focuses are the commercial real estate, retail real estate and the hotels, tourism, and leisure sectors. The only operating business segment, being the investment in commercial properties in Australia. The company derives maximum revenue generated from a diversified portfolio of Government, Multinational and ASX listed tenants.

Elanor Commercial Property Fund Headlines