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EYEMAXX Real Estate AG (FRA:BNT1) Cash Conversion Cycle : 154,398.02 (As of Apr. 2021)


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What is EYEMAXX Real Estate AG Cash Conversion Cycle?

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

EYEMAXX Real Estate AG's Days Sales Outstanding for the six months ended in Apr. 2021 was 94.27.
EYEMAXX Real Estate AG's Days Inventory for the six months ended in Apr. 2021 was 199198.75.
EYEMAXX Real Estate AG's Days Payable for the six months ended in Apr. 2021 was 44895.
Therefore, EYEMAXX Real Estate AG's Cash Conversion Cycle (CCC) for the six months ended in Apr. 2021 was 154,398.02.


EYEMAXX Real Estate AG Cash Conversion Cycle Historical Data

The historical data trend for EYEMAXX Real Estate AG'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.

EYEMAXX Real Estate AG Cash Conversion Cycle Chart

EYEMAXX Real Estate AG Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.00 99.68 91.83 -77.84 109.87

EYEMAXX Real Estate AG Semi-Annual Data
Oct10 Apr11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Apr21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 400.19 117.91 1,911.00 162.73 154,398.02

Competitive Comparison of EYEMAXX Real Estate AG's Cash Conversion Cycle

For the Real Estate - Development subindustry, EYEMAXX Real Estate AG'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.


EYEMAXX Real Estate AG's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, EYEMAXX Real Estate AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where EYEMAXX Real Estate AG's Cash Conversion Cycle falls into.



EYEMAXX Real Estate AG 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.

EYEMAXX Real Estate AG's Cash Conversion Cycle for the fiscal year that ended in Oct. 2019 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=109.87+0-0
=109.87

EYEMAXX Real Estate AG's Cash Conversion Cycle for the quarter that ended in Apr. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=94.27+199198.75-44895
=154,398.02

* 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.


EYEMAXX Real Estate AG  (FRA:BNT1) 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.


EYEMAXX Real Estate AG Cash Conversion Cycle Related Terms

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EYEMAXX Real Estate AG (FRA:BNT1) Business Description

Traded in Other Exchanges
N/A
Address
Weichertstrase 5, Aschaffenburg bei, Frankfurt, DEU, 63741
EYEMAXX Real Estate AG operates in real estate sector. It acquires, develops, runs and builds commercial properties in Central Europe. It undertakes projects in fields such as logistic centers and tailor-made solutions. Geographically, all the activities are functioned through the region of Germany.

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