GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ble Kedros REIC (ATH:BLEKEDROS) » Definitions » Cash Conversion Cycle

Ble Kedros REIC (ATH:BLEKEDROS) Cash Conversion Cycle : 15.94 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Ble Kedros REIC Cash Conversion Cycle?

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

Ble Kedros REIC's Days Sales Outstanding for the six months ended in Dec. 2023 was 15.94.
Ble Kedros REIC's Days Inventory for the six months ended in Dec. 2023 was .
Ble Kedros REIC's Days Payable for the six months ended in Dec. 2023 was .
Therefore, Ble Kedros REIC's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 15.94.


Ble Kedros REIC Cash Conversion Cycle Historical Data

The historical data trend for Ble Kedros REIC'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.

Ble Kedros REIC Cash Conversion Cycle Chart

Ble Kedros REIC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 14.55 15.78 9.63 9.34 17.70

Ble Kedros REIC Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 11.95 16.05 12.48 4.10 15.94

Competitive Comparison of Ble Kedros REIC's Cash Conversion Cycle

For the REIT - Diversified subindustry, Ble Kedros REIC'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.


Ble Kedros REIC's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ble Kedros REIC's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ble Kedros REIC's Cash Conversion Cycle falls into.



Ble Kedros REIC 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.

Ble Kedros REIC'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
=17.7+-
=17.70

Ble Kedros REIC'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
=15.94+-
=15.94

* 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.


Ble Kedros REIC  (ATH:BLEKEDROS) 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.


Ble Kedros REIC Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Ble Kedros REIC's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Ble Kedros REIC (ATH:BLEKEDROS) Business Description

Traded in Other Exchanges
N/A
Address
4 Palaias Tatoiou Street, P.C. 14 671, Kifissia, Athens, GRC
Ble Kedros REIC operates as a Real Estate Investment Company (REIC). It operates in the field of real estate investment, development, and management. Its aim is to create a real estate portfolio that generates consistently high returns and generates stable cash inflows, It invests in commercial real estate which may be utilized immediately such as stores, offices, and industrial buildings, as well as assets for the future development such as plots of land.

Ble Kedros REIC (ATH:BLEKEDROS) Headlines

No Headlines