Secure Property Development & Investment (LSE:SPDI) 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.
Secure Property Development & Investment Cash Conversion Cycle Related Terms
Secure Property Development & Investment Cash Conversion Cycle Historical Data
* 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.
Secure Property Development & Investment Cash Conversion Cycle Chart
Secure Property Development & Investment Annual Data
LSE:SPDI vs CBRE, BEKE, CSGP: Cash Conversion Cycle Comparison
For the Real Estate Services subindustry, Secure Property Development & Investment'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.
Secure Property Development & Investment Cash Conversion Cycle vs Real Estate Industry
Secure Property Development & Investment 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.
* 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.
Secure Property Development & Investment (LSE:SPDI) has a Cash Conversion Cycle of 301.05 as of Jun. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Secure Property Development & Investment and its competitors.
Is Secure Property Development & Investment's Cash Conversion Cycle too high?
Secure Property Development & Investment's current Cash Conversion Cycle is 301.05. The Real Estate industry median Cash Conversion Cycle is 320.77. Secure Property Development & Investment's value of 301.05 is 6.1% below this industry median.
How does Secure Property Development & Investment's Cash Conversion Cycle compare to CBRE and BEKE?
Secure Property Development & Investment's Cash Conversion Cycle of 301.05 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 320.77. Secure Property Development & Investment's value of 301.05 is 6.1% 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. Secure Property Development & Investment's current Cash Conversion Cycle of 301.05 is 6.1% 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 Secure Property Development & Investment 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. Secure Property Development & Investment's current Cash Conversion Cycle is 301.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Property Development & Investment stock overvalued right now?
Based on GuruFocus' analysis, Secure Property Development & Investment (LSE:SPDI) is currently considered Possible Value Trap. The stock's GF Value™ is £0.05, compared to a current price of £0.01 — trading 77% below its estimated fair value. The current Cash Conversion Cycle is 301.05 and 6.1% 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 Secure Property Development & Investment (LSE:SPDI), the current Cash Conversion Cycle is 301.05 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.
Secure Property Development & Investment Business Description
Secure Property Development & Investment PLC is engaged in the acquisition, development, and management of real estate properties and projects. The company's operating segments include Warehouse, Residential, Land Plots, and Corporate.
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