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SIIC de Paris (XPAR:IMMP) Cash Conversion Cycle : -851.39 (As of Jun. 2014)


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What is SIIC de Paris Cash Conversion Cycle?

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

SIIC de Paris's Days Sales Outstanding for the six months ended in Jun. 2014 was 214.11.
SIIC de Paris's Days Inventory for the six months ended in Jun. 2014 was 0.
SIIC de Paris's Days Payable for the six months ended in Jun. 2014 was 1065.5.
Therefore, SIIC de Paris's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2014 was -851.39.


SIIC de Paris Cash Conversion Cycle Historical Data

The historical data trend for SIIC de Paris'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.

SIIC de Paris Cash Conversion Cycle Chart

SIIC de Paris Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Cash Conversion Cycle
165.82 188.64 -1,415.16 -1,430.15 -1,373.96

SIIC de Paris Semi-Annual Data
Dec09 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only -1,604.79 -1,287.44 -1,846.07 -1,245.84 -851.39

Competitive Comparison of SIIC de Paris's Cash Conversion Cycle

For the Real Estate Services subindustry, SIIC de Paris'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.


SIIC de Paris's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SIIC de Paris's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where SIIC de Paris's Cash Conversion Cycle falls into.



SIIC de Paris 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.

SIIC de Paris's Cash Conversion Cycle for the fiscal year that ended in Dec. 2013 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=191.89+0-1565.85
=-1,373.96

SIIC de Paris's Cash Conversion Cycle for the quarter that ended in Jun. 2014 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=214.11+0-1065.5
=-851.39

* 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.


SIIC de Paris  (XPAR:IMMP) 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.


SIIC de Paris Cash Conversion Cycle Related Terms

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SIIC de Paris (XPAR:IMMP) Business Description

Traded in Other Exchanges
N/A
Address
SIIC de Paris is a real estate holding company. It rents out office and commercial space. Its portfolio of assets includes office, commercial and parking space mainly located on avenue Percier, boulevard Haussman and boulevard Malesherbes.