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Lighthouse Properties (JSE:LTE) Cash Conversion Cycle : -91.65 (As of Dec. 2023)


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What is Lighthouse Properties Cash Conversion Cycle?

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

Lighthouse Properties's Days Sales Outstanding for the six months ended in Dec. 2023 was 63.58.
Lighthouse Properties's Days Inventory for the six months ended in Dec. 2023 was 0.
Lighthouse Properties's Days Payable for the six months ended in Dec. 2023 was 155.23.
Therefore, Lighthouse Properties's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was -91.65.


Lighthouse Properties Cash Conversion Cycle Historical Data

The historical data trend for Lighthouse Properties'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.

Lighthouse Properties Cash Conversion Cycle Chart

Lighthouse Properties Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial -965.50 -196.41 -137.73 -70.89 -37.40

Lighthouse Properties Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -106.53 -117.34 -49.23 -100.48 -91.65

Competitive Comparison of Lighthouse Properties's Cash Conversion Cycle

For the Real Estate Services subindustry, Lighthouse Properties'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.


Lighthouse Properties's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Lighthouse Properties's Cash Conversion Cycle falls into.



Lighthouse Properties 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.

Lighthouse Properties'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
=44.88+0-82.28
=-37.40

Lighthouse Properties'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
=63.58+0-155.23
=-91.65

* 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.


Lighthouse Properties  (JSE:LTE) 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.


Lighthouse Properties Cash Conversion Cycle Related Terms

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Lighthouse Properties (JSE:LTE) Business Description

Traded in Other Exchanges
Address
IL-Piazzetta, Tower Road, 4th Floor, Office 41, Block A, Sliema, MLT, SLM 1605
Lighthouse Properties PLC is engaged in investing in direct property and infrastructure assets as well as in listed real estate and infrastructure securities. The firm operates in three segments: Listed infrastructure, Listed real estate, and Direct property out of which the Direct property segment accounts for the majority of revenue.

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