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Seaport Entertainment Group (MEX:SEG) Cash Conversion Cycle : -78.54 (As of Dec. 2024)


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What is Seaport Entertainment Group Cash Conversion Cycle?

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

Seaport Entertainment Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 15.65.
Seaport Entertainment Group's Days Inventory for the three months ended in Dec. 2024 was 11.45.
Seaport Entertainment Group's Days Payable for the three months ended in Dec. 2024 was 105.64.
Therefore, Seaport Entertainment Group's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was -78.54.


Seaport Entertainment Group Cash Conversion Cycle Historical Data

The historical data trend for Seaport Entertainment Group'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.

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Seaport Entertainment Group Cash Conversion Cycle Chart

Seaport Entertainment Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
- 20.96 15.56 -40.68

Seaport Entertainment Group Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.87 -50.21 -20.12 -15.50 -78.54

Competitive Comparison of Seaport Entertainment Group's Cash Conversion Cycle

For the Real Estate Services subindustry, Seaport Entertainment Group'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.


Seaport Entertainment Group's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Seaport Entertainment Group's Cash Conversion Cycle falls into.


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Seaport Entertainment Group 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.

Seaport Entertainment Group'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
=14.27+9.98-64.93
=-40.68

Seaport Entertainment Group's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=15.65+11.45-105.64
=-78.54

* 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.


Seaport Entertainment Group  (MEX:SEG) 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.


Seaport Entertainment Group Cash Conversion Cycle Related Terms

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Seaport Entertainment Group Business Description

Traded in Other Exchanges
Address
199 Water Street, 28th Floor, New York, NY, USA, 10038
Seaport Entertainment Group Inc own, operate and develop a collection of assets positioned at the intersection of entertainment and real estate. Its objective is to integrate one-of-a-kind real estate assets with a variety of restaurant, retail and leisure offerings to form vibrant mixed-use destinations where customers can work, play and socialize in one cohesive setting. The company has three operating segments: (1) Landlord Operations; (2) Hospitality; and (3) Sponsorships, Events, and Entertainment. Key revenue is generated from Sponsorships, Events, and Entertainment which consists of baseball operations of the Aviators and Las Vegas Ballpark along with sponsorships, events, and other revenue generated at the Seaport in New York.