GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Winton Land Ltd (NZSE:WIN) » Definitions » Cash Conversion Cycle

Winton Land (NZSE:WIN) Cash Conversion Cycle : 232.37 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Winton Land Cash Conversion Cycle?

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

Winton Land's Days Sales Outstanding for the six months ended in Dec. 2023 was 11.25.
Winton Land's Days Inventory for the six months ended in Dec. 2023 was 269.8.
Winton Land's Days Payable for the six months ended in Dec. 2023 was 48.68.
Therefore, Winton Land's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 232.37.


Winton Land Cash Conversion Cycle Historical Data

The historical data trend for Winton Land'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.

Winton Land Cash Conversion Cycle Chart

Winton Land Annual Data
Trend Jun21 Jun22 Jun23
Cash Conversion Cycle
- 234.67 273.60

Winton Land Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle 550.98 227.87 341.10 267.94 232.37

Competitive Comparison of Winton Land's Cash Conversion Cycle

For the Real Estate - Development subindustry, Winton Land'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.


Winton Land's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Winton Land's Cash Conversion Cycle falls into.



Winton Land 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.

Winton Land's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0.11+327.62-54.13
=273.60

Winton Land'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
=11.25+269.8-48.68
=232.37

* 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.


Winton Land  (NZSE:WIN) 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.


Winton Land Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Winton Land's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Winton Land (NZSE:WIN) Business Description

Traded in Other Exchanges
Address
10 Viaduct Harbour Avenue, Level 4, Auckland, NTL, NZL, 1010
Winton Land Ltd is a privately owned developer with projects in New Zealand and Australia. It specializes in developing integrated and fully master-planned communities. The company has a portfolio of several resident lots, dwellings, apartment units, and retirement village units. The company has three reportable segments which are Residential development, Retirement villages, and Commercial portfolio and the company generates the majority of its revenue from residential development.

Winton Land (NZSE:WIN) Headlines

No Headlines