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Banan Real Estate Co (SAU:9519) Cash Conversion Cycle : 507.57 (As of Dec. 2023)


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What is Banan Real Estate Co Cash Conversion Cycle?

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

Banan Real Estate Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 20.67.
Banan Real Estate Co's Days Inventory for the six months ended in Dec. 2023 was 509.21.
Banan Real Estate Co's Days Payable for the six months ended in Dec. 2023 was 22.31.
Therefore, Banan Real Estate Co's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 507.57.


Banan Real Estate Co Cash Conversion Cycle Historical Data

The historical data trend for Banan Real Estate Co'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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Banan Real Estate Co Cash Conversion Cycle Chart

Banan Real Estate Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
2.22 23.02 -5.69 508.18

Banan Real Estate Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial 42.18 19.81 -3.70 -1.98 507.57

Competitive Comparison of Banan Real Estate Co's Cash Conversion Cycle

For the Real Estate Services subindustry, Banan Real Estate Co'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.


Banan Real Estate Co's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Banan Real Estate Co's Cash Conversion Cycle falls into.



Banan Real Estate Co 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.

Banan Real Estate Co'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
=19.29+508.52-19.63
=508.18

Banan Real Estate Co'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
=20.67+509.21-22.31
=507.57

* 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.


Banan Real Estate Co  (SAU:9519) 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.


Banan Real Estate Co Cash Conversion Cycle Related Terms

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Banan Real Estate Co (SAU:9519) Business Description

Traded in Other Exchanges
N/A
Address
Takhassusi Road with Prince Sultan bin Abdulaziz Street, P.O. Box 42, Olaya District, Riyadh, SAU, 11411
Banan Real Estate Co is engaged in the field of investment and development of income-generating real estate. The main activity of the company is the management and leasing of commercial and residential real estate and hotels. Geographically company derives its revenue from Saudi Arabia.

Banan Real Estate Co (SAU:9519) Headlines

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