London & Associated Properties (LSE:LAS) Cash Conversion Cycle: 38.50 (As of Jun. 2025)


What is London & Associated Properties Cash Conversion Cycle?

London & Associated Properties LSE:LAS +33.33% Cash Conversion Cycle is 38.50 as of Jun. 2025. The stock has 1 warning sign investors should review.

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

London & Associated Properties's Days Sales Outstanding for the six months ended in Jun. 2025 was 38.5.
London & Associated Properties's Days Inventory for the six months ended in Jun. 2025 was 0.
London & Associated Properties's Days Payable for the six months ended in Jun. 2025 was 0.
Therefore, London & Associated Properties's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2025 was 38.50.


London & Associated Properties  (LSE:LAS) 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.


London & Associated Properties Cash Conversion Cycle Related Terms


London & Associated Properties Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for London & Associated 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.

London & Associated Properties Cash Conversion Cycle Chart

London & Associated Properties 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 68.89 45.23 22.51 33.19 33.29

London & Associated Properties Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 41.89 46.73 54.38 46.53 38.50

LSE:LAS vs CBRE, CSGP, BEKE: Cash Conversion Cycle Comparison

For the Real Estate Services subindustry, London & Associated 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.


London & Associated Properties Cash Conversion Cycle vs Real Estate Industry

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

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



London & Associated 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.

London & Associated Properties'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
=33.29+0-0
=33.29

London & Associated Properties's Cash Conversion Cycle for the quarter that ended in Jun. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=38.5+0-0
=38.50

* 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 38.50 mean?
London & Associated Properties (LSE:LAS) has a Cash Conversion Cycle of 38.50 as of Jun. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on London & Associated Properties and its competitors.
Is London & Associated Properties' Cash Conversion Cycle too high?
London & Associated Properties' current Cash Conversion Cycle is 38.50. The Real Estate industry median Cash Conversion Cycle is 320.77. London & Associated Properties' value of 38.50 is 88% below this industry median.
How does London & Associated Properties' Cash Conversion Cycle compare to CBRE and CSGP?
London & Associated Properties' Cash Conversion Cycle of 38.50 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.77. London & Associated Properties' value of 38.50 is 88% below this benchmark. 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 Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 320.77, based on 1,735 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. London & Associated Properties's current Cash Conversion Cycle of 38.50 is 88% below the industry median. 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 London & Associated Properties and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 320.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London & Associated Properties's current Cash Conversion Cycle is 38.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London & Associated Properties stock overvalued right now?
London & Associated Properties (LSE:LAS) has a current Cash Conversion Cycle of 38.50. The stock's GF Value™ is £0.10, compared to a current price of £0.04 — trading 60% below its estimated fair value. The current Cash Conversion Cycle is 38.50 and 88% below the Real Estate industry median of 320.77. 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 London & Associated Properties (LSE:LAS), the current Cash Conversion Cycle is 38.50 as of Jun. 2025. 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.

London & Associated Properties Business Description

Address 12 Little Portland Street, 2nd Floor, London, GBR, W1W 8BJ
London & Associated Properties PLC is a property investment company specializing in retail. It directly owns a portfolio of shopping centres and other retail properties. The company also invests in joint ventures with institutional co-owners. Its business segments include LAP operations, Bisichi operations, which derive maximum revenue, and Dragon operations. LAP is focused on property activities, but it also holds and manages investments. Bisichi is a coal mining company with operations in South Africa and also holds investment property in the UK and derives income from property rentals. The Dragon Retail Property segment includes a property investment company and derives its income from property rentals. All the operations function through the UK region.