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Retail Properties of America (Retail Properties of America) Cash Conversion Cycle : -97.07 (As of Jun. 2021)


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What is Retail Properties of America Cash Conversion Cycle?

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

Retail Properties of America's Days Sales Outstanding for the three months ended in Jun. 2021 was 51.04.
Retail Properties of America's Days Inventory for the three months ended in Jun. 2021 was 0.
Retail Properties of America's Days Payable for the three months ended in Jun. 2021 was 148.11.
Therefore, Retail Properties of America's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2021 was -97.07.


Retail Properties of America Cash Conversion Cycle Historical Data

The historical data trend for Retail Properties of America'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.

Retail Properties of America Cash Conversion Cycle Chart

Retail Properties of America Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -115.79 -129.75 -146.71 -150.85 -147.30

Retail Properties of America Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -77.51 -91.32 -130.51 -103.46 -97.07

Competitive Comparison of Retail Properties of America's Cash Conversion Cycle

For the REIT - Retail subindustry, Retail Properties of America'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.


Retail Properties of America's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Retail Properties of America's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Retail Properties of America's Cash Conversion Cycle falls into.



Retail Properties of America 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.

Retail Properties of America's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=62.73+0-210.03
=-147.30

Retail Properties of America's Cash Conversion Cycle for the quarter that ended in Jun. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=51.04+0-148.11
=-97.07

* 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.


Retail Properties of America  (NYSE:RPAI) 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.


Retail Properties of America Cash Conversion Cycle Related Terms

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Retail Properties of America (Retail Properties of America) Business Description

Traded in Other Exchanges
N/A
Address
2021 Spring Road, Suite 200, Oak Brook, IL, USA, 60523
Retail Properties of America Inc is a self-managed real estate investment trust that invests, develops, and manages retail property assets. The company's portfolio primarily constitutes shopping centers in the United States, markets, including Dallas, Washington, New York, Atlanta, Seattle, Chicago, Houston, San Antonio, Phoenix, and Austin. The company generates its revenue from leasing properties to tenants, which include retailers, restaurants, and others.
Executives
Gerald M Gorski director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Thomas J Sargeant director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Robert G Gifford director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Peter L Lynch director 2021 SPRING ROAD SUITE 200, OAK BROOK IL 60523
Catalano Frank A Jr director RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Richard P Imperiale director RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Julie Swinehart officer: EVP, CFO and Treasurer 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Shane C. Garrison officer: President, COO RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Steven P Grimes director, officer: CEO, Director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Paula C Maggio officer: EVP, General Counsel & Secr. C/O STRATEGIC HOTEL CAPITAL, INC., 77 WEST WACKER DRIVE, STE 4600, CHICAGO IL 60601
R Fear Heath officer: EVP, CFO & Treasurer C/O GGP INC., 350 N. ORLEANS, SUITE 300, CHICAGO IL 60654
Paul Gauvreau director RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Dennis K. Holland officer: Exec. VP, Gen. Counsel & Secr. RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523
Kenneth Masick director RETAIL PROPERTIES OF AMERICA, INC. 2021 SPRING ROAD, SUITE 200 OAK BROOK IL 60523

Retail Properties of America (Retail Properties of America) Headlines

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