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Alahli REIT Fund 1 (SAU:4338) Cash Conversion Cycle : 131.70 (As of Jun. 2024)


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What is Alahli REIT Fund 1 Cash Conversion Cycle?

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

Alahli REIT Fund 1's Days Sales Outstanding for the six months ended in Jun. 2024 was 131.7.
Alahli REIT Fund 1's Days Inventory for the six months ended in Jun. 2024 was 0.
Alahli REIT Fund 1's Days Payable for the six months ended in Jun. 2024 was 0.
Therefore, Alahli REIT Fund 1's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2024 was 131.70.


Alahli REIT Fund 1 Cash Conversion Cycle Historical Data

The historical data trend for Alahli REIT Fund 1'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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Alahli REIT Fund 1 Cash Conversion Cycle Chart

Alahli REIT Fund 1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 54.05 91.96 95.47 125.88 136.56

Alahli REIT Fund 1 Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 143.30 159.14 157.56 155.13 131.70

Competitive Comparison of Alahli REIT Fund 1's Cash Conversion Cycle

For the REIT - Diversified subindustry, Alahli REIT Fund 1'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.


Alahli REIT Fund 1's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alahli REIT Fund 1's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Alahli REIT Fund 1's Cash Conversion Cycle falls into.



Alahli REIT Fund 1 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.

Alahli REIT Fund 1'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
=137.27+0-0.71
=136.56

Alahli REIT Fund 1's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=131.7+0-0
=131.70

* 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.


Alahli REIT Fund 1  (SAU:4338) 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.


Alahli REIT Fund 1 Cash Conversion Cycle Related Terms

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Alahli REIT Fund 1 Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495
Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.

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