Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) Cash Conversion Cycle: 0.29 (As of Mar. 2026)

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What is Starlight US Residential Fund (Multi-Family) Investment LP Cash Conversion Cycle?

Starlight US Residential Fund (Multi-Family) Investment LP TSXV:SURF.UN -12.50% Cash Conversion Cycle is 0.29 as of Mar. 2026. The stock has 5 warning signs investors should review.

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

Starlight US Residential Fund (Multi-Family) Investment LP's Days Sales Outstanding for the three months ended in Mar. 2026 was 0.29.
Starlight US Residential Fund (Multi-Family) Investment LP's Days Inventory for the three months ended in Mar. 2026 was 0.
Starlight US Residential Fund (Multi-Family) Investment LP's Days Payable for the three months ended in Mar. 2026 was 0.
Therefore, Starlight US Residential Fund (Multi-Family) Investment LP's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 0.29.


Starlight US Residential Fund (Multi-Family) Investment LP  (TSXV:SURF.UN) 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.


Starlight US Residential Fund (Multi-Family) Investment LP Cash Conversion Cycle Related Terms


Starlight US Residential Fund (Multi-Family) Investment LP Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Starlight US Residential Fund (Multi-Family) Investment LP'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.

Starlight US Residential Fund (Multi-Family) Investment LP Cash Conversion Cycle Chart

Starlight US Residential Fund (Multi-Family) Investment LP Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
28.92 4.07 4.35 2.02 0.66

Starlight US Residential Fund (Multi-Family) Investment LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.71 0.77 0.98 0.68 0.29

TSXV:SURF.UN vs AVB, EQR, ESS: Cash Conversion Cycle Comparison

For the REIT - Residential subindustry, Starlight US Residential Fund (Multi-Family) Investment LP'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.


Starlight US Residential Fund (Multi-Family) Investment LP Cash Conversion Cycle vs REITs Industry

For the REITs industry and Real Estate sector, Starlight US Residential Fund (Multi-Family) Investment LP's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Starlight US Residential Fund (Multi-Family) Investment LP's Cash Conversion Cycle falls into.



Starlight US Residential Fund (Multi-Family) Investment LP 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.

Starlight US Residential Fund (Multi-Family) Investment LP's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0.66+0-0
=0.66

Starlight US Residential Fund (Multi-Family) Investment LP's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0.29+0-0
=0.29

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 0.29 mean?
Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) has a Cash Conversion Cycle of 0.29 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Starlight US Residential Fund (Multi-Family) Investment LP and its competitors.
Is Starlight US Residential Fund (Multi-Family) Investment LP's Cash Conversion Cycle too high?
Starlight US Residential Fund (Multi-Family) Investment LP's current Cash Conversion Cycle is 0.29.
How does Starlight US Residential Fund (Multi-Family) Investment LP's Cash Conversion Cycle compare to AVB and EQR?
Starlight US Residential Fund (Multi-Family) Investment LP's Cash Conversion Cycle of 0.29 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a REITs company?
A good Cash Conversion Cycle depends on the REITs industry context. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Starlight US Residential Fund (Multi-Family) Investment LP and its competitors. Starlight US Residential Fund (Multi-Family) Investment LP's current Cash Conversion Cycle is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starlight US Residential Fund (Multi-Family) Investment LP stock overvalued right now?
Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) has a current Cash Conversion Cycle of 0.29. The current Cash Conversion Cycle is 0.29. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN), the current Cash Conversion Cycle is 0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Starlight US Residential Fund (Multi-Family) Investment LP Business Description

Industry Real EstateREITs
Address 3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
Starlight US Residential Fund (Multi-Family) Investment LP is a "closed-end" trust. It operates as a real estate investment and asset management company that acquires, owns, and operates a portfolio of multifamily properties and single-family rental homes. The company evaluates properties based on pricing and local supply-and-demand conditions in relation to the fund's stated performance targets. Its portfolio includes properties located in Arizona, Florida, and North Carolina.