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PCOK (Pacific Oak Strategic Opportunity REIT) Cash Conversion Cycle : -44.18 (As of Sep. 2024)


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What is Pacific Oak Strategic Opportunity REIT Cash Conversion Cycle?

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

Pacific Oak Strategic Opportunity REIT's Days Sales Outstanding for the three months ended in Sep. 2024 was 67.88.
Pacific Oak Strategic Opportunity REIT's Days Inventory for the three months ended in Sep. 2024 was 0.
Pacific Oak Strategic Opportunity REIT's Days Payable for the three months ended in Sep. 2024 was 112.06.
Therefore, Pacific Oak Strategic Opportunity REIT's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was -44.18.


Pacific Oak Strategic Opportunity REIT Cash Conversion Cycle Historical Data

The historical data trend for Pacific Oak Strategic Opportunity 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.

* Premium members only.

Pacific Oak Strategic Opportunity REIT Cash Conversion Cycle Chart

Pacific Oak Strategic Opportunity REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -91.72 -66.69 -40.16 -41.08 -48.45

Pacific Oak Strategic Opportunity REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -28.04 -31.69 -52.75 -44.48 -44.18

Competitive Comparison of Pacific Oak Strategic Opportunity REIT's Cash Conversion Cycle

For the REIT - Diversified subindustry, Pacific Oak Strategic Opportunity 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.


Pacific Oak Strategic Opportunity REIT's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Pacific Oak Strategic Opportunity REIT's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pacific Oak Strategic Opportunity REIT's Cash Conversion Cycle falls into.



Pacific Oak Strategic Opportunity 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.

Pacific Oak Strategic Opportunity REIT's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=56.93+0-105.38
=-48.45

Pacific Oak Strategic Opportunity REIT's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=67.88+0-112.06
=-44.18

* 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.


Pacific Oak Strategic Opportunity REIT  (OTCPK:PCOK) 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.


Pacific Oak Strategic Opportunity REIT Cash Conversion Cycle Related Terms

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Pacific Oak Strategic Opportunity REIT Business Description

Traded in Other Exchanges
N/A
Address
11766 Wilshire Boulevard, Suite 1670, Los Angeles, CA, USA, 90025
Pacific Oak Strategic Opportunity REIT Inc is a non-traded real estate investment trust. It is focused on acquiring an investment portfolio with a total return profile that is composed of investments that provide capital appreciation potential and current operating income. These investments may consist of opportunistic or value-added real estate, distressed debt, or other real estate-related investments. The primary investment objectives is to provide stockholders with attractive and stable returns and preserve and return its stockholders' capital contributions.
Executives
Laurent J. Degryse director 721 DOLO WAY, LOS ANGELES CA 90077
Peter Mcmillan director, officer: President
Keith D Hall director, officer: Chief Executive Officer 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Michael Bender officer: See Remarks 14631 NORTH SCOTTSDALE RD., SUITE 200, SCOTTSDALE AZ 85254
Kenneth Yee director 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Jeff Waldvogel officer: Chief Financial Officer C/O KBS REALTY ADVISORS, 800 NEWPORT CENTER DRIVE, SUITE 700, NEWPORT BEACH CA 92660
Michael L Meyer director MICHAEL L. MEYER COMPANY, 18101 VON KARMAN, SUITE 1050, IRVINE CA 92612
David E Snyder officer: Chief Financial Officer 610 NEWPORT CENTER DRIVE, SUITE 1150, NEWPORT BEACH CA 92660
Stacie K Yamane officer: Chief Accounting Officer 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
William Petak director 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Eric Smith director 620 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660

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