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Btowers Fundo Investimento Imobiliario (BSP:BTWR11) Cash Conversion Cycle : -22.17 (As of Jun. 2024)


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What is Btowers Fundo Investimento Imobiliario Cash Conversion Cycle?

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

Btowers Fundo Investimento Imobiliario's Days Sales Outstanding for the six months ended in Jun. 2024 was 30.97.
Btowers Fundo Investimento Imobiliario's Days Inventory for the six months ended in Jun. 2024 was 0.
Btowers Fundo Investimento Imobiliario's Days Payable for the six months ended in Jun. 2024 was 53.14.
Therefore, Btowers Fundo Investimento Imobiliario's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2024 was -22.17.


Btowers Fundo Investimento Imobiliario Cash Conversion Cycle Historical Data

The historical data trend for Btowers Fundo Investimento Imobiliario'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.

Btowers Fundo Investimento Imobiliario Cash Conversion Cycle Chart

Btowers Fundo Investimento Imobiliario Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only 12.40 39.23 50.73 29.16 30.16

Btowers Fundo Investimento Imobiliario Semi-Annual Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.23 50.73 29.16 30.16 -22.17

Competitive Comparison of Btowers Fundo Investimento Imobiliario's Cash Conversion Cycle

For the REIT - Diversified subindustry, Btowers Fundo Investimento Imobiliario'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.


Btowers Fundo Investimento Imobiliario's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Btowers Fundo Investimento Imobiliario's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Btowers Fundo Investimento Imobiliario's Cash Conversion Cycle falls into.


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Btowers Fundo Investimento Imobiliario 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.

Btowers Fundo Investimento Imobiliario'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
=30.16+0-0
=30.16

Btowers Fundo Investimento Imobiliario's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=30.97+0-53.14
=-22.17

* 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.


Btowers Fundo Investimento Imobiliario  (BSP:BTWR11) 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.


Btowers Fundo Investimento Imobiliario Cash Conversion Cycle Related Terms

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Btowers Fundo Investimento Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Rua Gilberto Sabino, 215, 4th Floor, Pinheiros, São Paulo, SP, BRA, 5425020
Btowers Fundo Investimento Imobiliario aims to provide profit to shareholders through the distribution of results arising from rental contracts for units in the Brookfield Towers project.

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