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Sustainable Power & Infrastructure Split (FRA:9QE) Cash Conversion Cycle : -1,141.19 (As of Dec. 2023)


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What is Sustainable Power & Infrastructure Split Cash Conversion Cycle?

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

Sustainable Power & Infrastructure Split's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.
Sustainable Power & Infrastructure Split's Days Inventory for the six months ended in Dec. 2023 was 0.
Sustainable Power & Infrastructure Split's Days Payable for the six months ended in Dec. 2023 was 1141.19.
Therefore, Sustainable Power & Infrastructure Split's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was -1,141.19.


Sustainable Power & Infrastructure Split Cash Conversion Cycle Historical Data

The historical data trend for Sustainable Power & Infrastructure Split'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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Sustainable Power & Infrastructure Split Cash Conversion Cycle Chart

Sustainable Power & Infrastructure Split Annual Data
Trend Dec21 Dec22 Dec23
Cash Conversion Cycle
-65.90 19,018.41 44,523.36

Sustainable Power & Infrastructure Split Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial -40.44 19,847.91 22,847.06 159,091.97 -1,141.19

Competitive Comparison of Sustainable Power & Infrastructure Split's Cash Conversion Cycle

For the Asset Management subindustry, Sustainable Power & Infrastructure Split'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.


Sustainable Power & Infrastructure Split's Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sustainable Power & Infrastructure Split's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sustainable Power & Infrastructure Split's Cash Conversion Cycle falls into.



Sustainable Power & Infrastructure Split 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.

Sustainable Power & Infrastructure Split'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
=44712.5+0-189.14
=44,523.36

Sustainable Power & Infrastructure Split'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
=0+0-1141.19
=-1,141.19

* 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.


Sustainable Power & Infrastructure Split  (FRA:9QE) 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.


Sustainable Power & Infrastructure Split Cash Conversion Cycle Related Terms

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Sustainable Power & Infrastructure Split (FRA:9QE) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 2930, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Sustainable Power & Infrastructure Split Corp is a mutual fund corporation. Its fund invests in a globally diversified and actively managed portfolio consisting of dividend-paying securities of power and infrastructure companies, whose assets, products, and services the Manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. Its portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others.

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