AREIT Prop (JSE:APO) Cash Conversion Cycle: 119.87 (As of Dec. 2022)


JSE:APO AREIT Prop Ltd JSE:APO
20 GF Score
Price R2.99
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What is AREIT Prop Cash Conversion Cycle?

AREIT Prop JSE:APO 20 Cash Conversion Cycle is 119.87 as of Dec. 2022. GuruFocus rates JSE:APO with a GF Score™ of 20/100.

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

AREIT Prop's Days Sales Outstanding for the three months ended in Dec. 2022 was 119.87.
AREIT Prop's Days Inventory for the three months ended in Dec. 2022 was .
AREIT Prop's Days Payable for the three months ended in Dec. 2022 was .
Therefore, AREIT Prop's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2022 was 119.87.

AREIT Prop  (JSE:APO) 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.

AREIT Prop Cash Conversion Cycle Related Terms

AREIT Prop Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for AREIT Prop'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.

AREIT Prop Cash Conversion Cycle Chart

AREIT Prop Annual Data
Trend Dec21 Dec22
Cash Conversion Cycle
0.00 0.00

AREIT Prop Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22
Cash Conversion Cycle 0.00 56.86 62.31 36.73 119.87

JSE:APO vs VICI, WPC, STOR: Cash Conversion Cycle Comparison

For the REIT - Diversified subindustry, AREIT Prop'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.

AREIT Prop Cash Conversion Cycle vs REITs Industry

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

* The bar in red indicates where AREIT Prop's Cash Conversion Cycle falls into.


JSE:APO
20GF Score
AREIT Prop Ltd JSE:APO
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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AREIT Prop 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.

AREIT Prop's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+-
=0.00

AREIT Prop's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=119.87+-
=119.87

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 119.87 mean?
AREIT Prop (JSE:APO) has a Cash Conversion Cycle of 119.87 as of Dec. 2022. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on AREIT Prop and its competitors.
Is AREIT Prop's Cash Conversion Cycle too high?
AREIT Prop's current Cash Conversion Cycle is 119.87. Overall, AREIT Prop has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does AREIT Prop's Cash Conversion Cycle compare to VICI and WPC?
AREIT Prop's Cash Conversion Cycle of 119.87 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on AREIT Prop and its competitors. AREIT Prop's current Cash Conversion Cycle is 119.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AREIT Prop stock overvalued right now?
AREIT Prop (JSE:APO) has a current Cash Conversion Cycle of 119.87. The current Cash Conversion Cycle is 119.87. AREIT Prop's overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For AREIT Prop (JSE:APO), the current Cash Conversion Cycle is 119.87 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AREIT Prop Business Description

Industry Real EstateREITs
Address South street, 5 Provident, Parow, Cape Town, ZAF
AREIT Prop Ltd is Investing in leasehold rights to earn fixed rentals. Its reportable operating segments are Cresta Grande Hotel, Fountains Hotel, Lady Hamilton property, and Head office.
20GF Score

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Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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