Immo Genk Zuid (XBRU:GENK) Cash Conversion Cycle : -127.06 (As of May. 2021)

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What is Immo Genk Zuid Cash Conversion Cycle?

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

Immo Genk Zuid's Days Sales Outstanding for the six months ended in May. 2021 was 12.22.
Immo Genk Zuid's Days Inventory for the six months ended in May. 2021 was 0.
Immo Genk Zuid's Days Payable for the six months ended in May. 2021 was 139.28.
Therefore, Immo Genk Zuid's Cash Conversion Cycle (CCC) for the six months ended in May. 2021 was -127.06.

Immo Genk Zuid Cash Conversion Cycle Historical Data

The historical data trend for Immo Genk Zuid'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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Immo Genk Zuid Cash Conversion Cycle Chart

Immo Genk Zuid Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Cash Conversion Cycle

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34.49

33.22

-65.69

-3.27

13.24

Immo Genk Zuid Semi-Annual Data
	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	May21
Cash Conversion Cycle	Get a 7-Day Free Trial															-31.68	356.03	-26.94	-224.78	-127.06

Competitive Comparison of Immo Genk Zuid's Cash Conversion Cycle

For the Real Estate Services subindustry, Immo Genk Zuid'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.

Immo Genk Zuid's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Immo Genk Zuid's Cash Conversion Cycle falls into.

Immo Genk Zuid 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.

Immo Genk Zuid's Cash Conversion Cycle for the fiscal year that ended in Nov. 2019 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	43.62	+	0	-	30.38
	=	13.24

Immo Genk Zuid's Cash Conversion Cycle for the quarter that ended in May. 2021 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	12.22	+	0	-	139.28
	=	-127.06

Immo Genk Zuid (XBRU:GENK) 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.

Immo Genk Zuid Cash Conversion Cycle Related Terms

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