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Minor Hotels Europe & Americas (FRA:NH5) Cash Conversion Cycle : -953.56 (As of Dec. 2024)


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What is Minor Hotels Europe & Americas Cash Conversion Cycle?

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

Minor Hotels Europe & Americas's Days Sales Outstanding for the six months ended in Dec. 2024 was 21.23.
Minor Hotels Europe & Americas's Days Inventory for the six months ended in Dec. 2024 was 60.85.
Minor Hotels Europe & Americas's Days Payable for the six months ended in Dec. 2024 was 1035.64.
Therefore, Minor Hotels Europe & Americas's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was -953.56.


Minor Hotels Europe & Americas Cash Conversion Cycle Historical Data

The historical data trend for Minor Hotels Europe & Americas'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.

Minor Hotels Europe & Americas Cash Conversion Cycle Chart

Minor Hotels Europe & Americas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,551.33 -2,129.71 -1,200.62 -1,054.76 -1,029.02

Minor Hotels Europe & Americas Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 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 -1,161.05 -1,087.28 -1,058.95 -1,081.75 -953.56

Competitive Comparison of Minor Hotels Europe & Americas's Cash Conversion Cycle

For the Lodging subindustry, Minor Hotels Europe & Americas'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.


Minor Hotels Europe & Americas's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Minor Hotels Europe & Americas's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Minor Hotels Europe & Americas's Cash Conversion Cycle falls into.


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Minor Hotels Europe & Americas 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.

Minor Hotels Europe & Americas's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=19.74+60.56-1109.32
=-1,029.02

Minor Hotels Europe & Americas'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
=21.23+60.85-1035.64
=-953.56

* 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.


Minor Hotels Europe & Americas  (FRA:NH5) 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.


Minor Hotels Europe & Americas Cash Conversion Cycle Related Terms

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Minor Hotels Europe & Americas Business Description

Traded in Other Exchanges
Address
Calle Santa Engracia, 120, 7th floor, Madrid, ESP, 28003
Minor Hotels Europe & Americas SA is a Spanish owner and operator of hotels. The company reports turnover across four categories: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy generates the majority of its income. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay. Majority of revenue is from BUSE Segment.

Minor Hotels Europe & Americas Headlines

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