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All Iron Re I Socimi (XMAD:YAI1) Cash Conversion Cycle : -88,750.62 (As of Jun. 2024)


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What is All Iron Re I Socimi Cash Conversion Cycle?

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

All Iron Re I Socimi's Days Sales Outstanding for the six months ended in Jun. 2024 was 96.46.
All Iron Re I Socimi's Days Inventory for the six months ended in Jun. 2024 was 0.
All Iron Re I Socimi's Days Payable for the six months ended in Jun. 2024 was 88847.08.
Therefore, All Iron Re I Socimi's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2024 was -88,750.62.


All Iron Re I Socimi Cash Conversion Cycle Historical Data

The historical data trend for All Iron Re I 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.

* Premium members only.

All Iron Re I Socimi Cash Conversion Cycle Chart

All Iron Re I Socimi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
-2,324.69 -1,763.46 -40,152.39 -50,663.38 -37,617.80

All Iron Re I Socimi Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only -79,149.47 -41,478.63 -33,735.86 -43,230.36 -88,750.62

Competitive Comparison of All Iron Re I Socimi's Cash Conversion Cycle

For the REIT - Diversified subindustry, All Iron Re I 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.


All Iron Re I Socimi's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, All Iron Re I Socimi's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where All Iron Re I Socimi's Cash Conversion Cycle falls into.


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All Iron Re I 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.

All Iron Re I Socimi'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
=127.11+0-37744.91
=-37,617.80

All Iron Re I Socimi's Cash Conversion Cycle for the quarter that ended in Jun. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=96.46+0-88847.08
=-88,750.62

* 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.


All Iron Re I Socimi  (XMAD:YAI1) 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.


All Iron Re I Socimi Cash Conversion Cycle Related Terms

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All Iron Re I Socimi Business Description

Traded in Other Exchanges
N/A
Address
Gran Via Don Diego Lopez de Haro, 2nd, 8th floor - Dcha, Bilbao, ESP
All Iron Re I Socimi SA is an alternative investment asset manager investing in private markets in Europe. The company manages investment vehicles in two main areas real estate and venture capital.

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