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Universal Health Realtyome Trust (FRA:WY8) Cash Conversion Cycle : 57.29 (As of Sep. 2024)


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What is Universal Health Realtyome Trust Cash Conversion Cycle?

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

Universal Health Realtyome Trust's Days Sales Outstanding for the three months ended in Sep. 2024 was 57.29.
Universal Health Realtyome Trust's Days Inventory for the three months ended in Sep. 2024 was 0.
Universal Health Realtyome Trust's Days Payable for the three months ended in Sep. 2024 was 0.
Therefore, Universal Health Realtyome Trust's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 57.29.


Universal Health Realtyome Trust Cash Conversion Cycle Historical Data

The historical data trend for Universal Health Realtyome Trust'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.

Universal Health Realtyome Trust Cash Conversion Cycle Chart

Universal Health Realtyome Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.66 52.20 47.02 50.04 54.58

Universal Health Realtyome Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 54.03 54.85 52.92 54.31 57.29

Competitive Comparison of Universal Health Realtyome Trust's Cash Conversion Cycle

For the REIT - Healthcare Facilities subindustry, Universal Health Realtyome Trust'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.


Universal Health Realtyome Trust's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Universal Health Realtyome Trust's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Universal Health Realtyome Trust's Cash Conversion Cycle falls into.



Universal Health Realtyome Trust 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.

Universal Health Realtyome Trust'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
=54.58+0-0
=54.58

Universal Health Realtyome Trust's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=57.29+0-0
=57.29

* 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.


Universal Health Realtyome Trust  (FRA:WY8) 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.


Universal Health Realtyome Trust Cash Conversion Cycle Related Terms

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Universal Health Realtyome Trust Business Description

Traded in Other Exchanges
Address
367 South Gulph Road, P.O. Box 61558, Universal Corporate Center, King of Prussia, PA, USA, 19406-0958
Universal Health Realty Income Trust is a healthcare REIT. The company is engaged in the business of investing in and leasing healthcare and human service facilities through direct ownership or through joint ventures, which aggregate into a single reportable segment. The company actively manages a portfolio of healthcare and human service facilities. The revenue and net income are generated from the operation of the investment portfolio which is located throughout the United States.

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