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Polski Holding Nieruchomosci (STU:2PN) Cash Conversion Cycle : 115.03 (As of Dec. 2023)


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What is Polski Holding Nieruchomosci Cash Conversion Cycle?

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

Polski Holding Nieruchomosci's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.61.
Polski Holding Nieruchomosci's Days Inventory for the three months ended in Dec. 2023 was 160.13.
Polski Holding Nieruchomosci's Days Payable for the three months ended in Dec. 2023 was 79.71.
Therefore, Polski Holding Nieruchomosci's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 115.03.


Polski Holding Nieruchomosci Cash Conversion Cycle Historical Data

The historical data trend for Polski Holding Nieruchomosci'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.

Polski Holding Nieruchomosci Cash Conversion Cycle Chart

Polski Holding Nieruchomosci 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 430.23 40.12 30.02 42.89 74.99

Polski Holding Nieruchomosci Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 44.07 46.88 80.03 96.51 115.03

Competitive Comparison of Polski Holding Nieruchomosci's Cash Conversion Cycle

For the Real Estate Services subindustry, Polski Holding Nieruchomosci'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.


Polski Holding Nieruchomosci's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Polski Holding Nieruchomosci's Cash Conversion Cycle falls into.



Polski Holding Nieruchomosci 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.

Polski Holding Nieruchomosci'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
=35.61+151.17-111.79
=74.99

Polski Holding Nieruchomosci'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
=34.61+160.13-79.71
=115.03

* 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.


Polski Holding Nieruchomosci  (STU:2PN) 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.


Polski Holding Nieruchomosci Cash Conversion Cycle Related Terms

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Polski Holding Nieruchomosci (STU:2PN) Business Description

Traded in Other Exchanges
Address
al. Jana Paw?a II 12, Warsaw, POL, 00-124
Polski Holding Nieruchomosci SA engages in the development, management, and sale of commercial as well as residential real estate. It offers properties for lease and venues for training, business meetings, and recreational activities. The company operates through Lease, Property Development, and Other Activities segments. Lease segment which contributes majority revenue engages in leasing of office, retail, warehouse and logistics space, residential and other properties. Property Development segment deals with construction and sale of residential premises.

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