MNULF (Manulife US REIT) Cash Conversion Cycle: -88.98 (As of Dec. 2025)


MNULF Manulife US REIT MNULF
29 GF Score
Price $0.13
GF Value $0.12
! 7 Warning Signs
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What is Manulife US REIT Cash Conversion Cycle?

Manulife US REIT MNULF 29 Cash Conversion Cycle is -88.98 as of Dec. 2025. GuruFocus rates MNULF with a GF Score™ of 29/100 and a GF Value™ of $0.12. The stock has 7 warning signs investors should review.

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

Manulife US REIT's Days Sales Outstanding for the six months ended in Dec. 2025 was 8.07.
Manulife US REIT's Days Inventory for the six months ended in Dec. 2025 was 0.
Manulife US REIT's Days Payable for the six months ended in Dec. 2025 was 97.05.
Therefore, Manulife US REIT's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was -88.98.


Manulife US REIT  (OTCPK:MNULF) 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.


Manulife US REIT Cash Conversion Cycle Related Terms


Manulife US REIT Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Manulife US REIT'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.

Manulife US REIT Cash Conversion Cycle Chart

Manulife US REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 -2.69 1.57 9.34 2.17

Manulife US REIT Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -43.56 -61.59 -69.50 -87.52 -88.98

MNULF vs BXP, ARE, VNO: Cash Conversion Cycle Comparison

For the REIT - Office subindustry, Manulife US REIT'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.


Manulife US REIT Cash Conversion Cycle vs REITs Industry

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

* The bar in red indicates where Manulife US REIT's Cash Conversion Cycle falls into.


MNULF
29GF Score
Manulife US REIT MNULF
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Manulife US REIT 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.

Manulife US REIT's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=5.73+0-3.56
=2.17

Manulife US REIT's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=8.07+0-97.05
=-88.98

* 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 -88.98 mean?
Manulife US REIT (MNULF) has a Cash Conversion Cycle of -88.98 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Manulife US REIT and its competitors.
Is Manulife US REIT's Cash Conversion Cycle too high?
Manulife US REIT's current Cash Conversion Cycle is -88.98. Overall, Manulife US REIT has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Manulife US REIT's Cash Conversion Cycle compare to BXP and ARE?
Manulife US REIT's Cash Conversion Cycle of -88.98 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 Manulife US REIT and its competitors. Manulife US REIT's current Cash Conversion Cycle is -88.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife US REIT stock overvalued right now?
Manulife US REIT (MNULF) has a current Cash Conversion Cycle of -88.98. The stock's GF Value™ is $0.12, compared to a current price of $0.13 — trading 6.2% above its estimated fair value. The current Cash Conversion Cycle is -88.98. Manulife US REIT's overall GF Score™ is 29/100 with 7 warning signs to review. 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 Manulife US REIT (MNULF), the current Cash Conversion Cycle is -88.98 as of Dec. 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.

Is Manulife US REIT (MNULF) Overvalued in 2026?

Based on GuruFocus' analysis, Manulife US REIT stock appears to be overvalued. The current stock price of $0.13 is trading 6.2% above its estimated GF Value™ of $0.12.

Key valuation signals for MNULF:

  • Cash Conversion Cycle: -88.98
  • GF Value™: $0.12 vs. price of $0.13 (6.2% above fair value)
  • GF Score™: 29/100 with 7 warning signs

No single metric tells the full story. See the MNULF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manulife US REIT Business Description

Industry Real EstateREITs
Other Exchanges BTOU:Singapore
Address 8 Cross Street, No.16-03 Manulife Tower, Singapore, SGP, 048424
Manulife US REIT is a pure-play U.S. office REIT in Asia. The company along with its subsidiaries invests, directly or indirectly, in a portfolio of income-producing office real estate in markets in the U.S., as well as real estate-related assets. The Group's investment properties comprise commercial office properties. Some of its properties include Figueroa and Michelson in California along with Plaza and Exchange in New Jersey. Geographically, the majority is derived from the United States.
29GF Score

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

$0.13
Price
$0.12
GF Value