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Inmobiliaria Colonial SOCIMI (XMAD:COL) Cash Conversion Cycle : 23.54 (As of Sep. 2023)


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What is Inmobiliaria Colonial SOCIMI Cash Conversion Cycle?

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

Inmobiliaria Colonial SOCIMI's Days Sales Outstanding for the three months ended in Sep. 2023 was 23.54.
Inmobiliaria Colonial SOCIMI's Days Inventory for the three months ended in Sep. 2023 was 0.
Inmobiliaria Colonial SOCIMI's Days Payable for the three months ended in Sep. 2023 was 0.
Therefore, Inmobiliaria Colonial SOCIMI's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 23.54.


Inmobiliaria Colonial SOCIMI Cash Conversion Cycle Historical Data

The historical data trend for Inmobiliaria Colonial SOCIMI'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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Inmobiliaria Colonial SOCIMI Cash Conversion Cycle Chart

Inmobiliaria Colonial SOCIMI Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.51 17.96 14.66 7.63 11.67

Inmobiliaria Colonial SOCIMI Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 12.57 11.77 13.03 21.43 23.54

Competitive Comparison of Inmobiliaria Colonial SOCIMI's Cash Conversion Cycle

For the REIT - Office subindustry, Inmobiliaria Colonial SOCIMI'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.


Inmobiliaria Colonial SOCIMI's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inmobiliaria Colonial SOCIMI's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Inmobiliaria Colonial SOCIMI's Cash Conversion Cycle falls into.



Inmobiliaria Colonial SOCIMI 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.

Inmobiliaria Colonial SOCIMI's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=11.67+0-0
=11.67

Inmobiliaria Colonial SOCIMI's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=23.54+0-0
=23.54

* 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.


Inmobiliaria Colonial SOCIMI  (XMAD:COL) 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.


Inmobiliaria Colonial SOCIMI Cash Conversion Cycle Related Terms

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Inmobiliaria Colonial SOCIMI (XMAD:COL) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana, 52, Madrid, ESP, 28046
Inmobiliaria Colonial SOCIMI SA is a real estate company in Spain. The company and its subsidiaries are in the business of lease and disposal of movable property and real estate. It specializes in leasing of offices in prime areas. The firm has rental business and land and development business segments. The activities of these segments include office rentals, shopping centers managed by Riofisa subgroup. The company mainly operates in Barcelona, Madrid, and Paris.

Inmobiliaria Colonial SOCIMI (XMAD:COL) Headlines

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