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Amram Avraham Construction Co (XTAE:AMRM) Cash Conversion Cycle : 892.19 (As of Dec. 2024)


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What is Amram Avraham Construction Co Cash Conversion Cycle?

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

Amram Avraham Construction Co's Days Sales Outstanding for the three months ended in Dec. 2024 was 15.22.
Amram Avraham Construction Co's Days Inventory for the three months ended in Dec. 2024 was 897.83.
Amram Avraham Construction Co's Days Payable for the three months ended in Dec. 2024 was 20.86.
Therefore, Amram Avraham Construction Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 892.19.


Amram Avraham Construction Co Cash Conversion Cycle Historical Data

The historical data trend for Amram Avraham Construction Co'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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Amram Avraham Construction Co Cash Conversion Cycle Chart

Amram Avraham Construction Co Annual Data
Trend Dec22 Dec23 Dec24
Cash Conversion Cycle
- 1,992.74 1,208.80

Amram Avraham Construction Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash Conversion Cycle Get a 7-Day Free Trial 3,150.63 2,005.99 1,471.21 1,166.31 892.19

Competitive Comparison of Amram Avraham Construction Co's Cash Conversion Cycle

For the Real Estate Services subindustry, Amram Avraham Construction Co'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.


Amram Avraham Construction Co's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Amram Avraham Construction Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Amram Avraham Construction Co's Cash Conversion Cycle falls into.


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Amram Avraham Construction Co 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.

Amram Avraham Construction Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=3.1+1231.44-25.74
=1,208.80

Amram Avraham Construction Co's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=15.22+897.83-20.86
=892.19

* 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.


Amram Avraham Construction Co  (XTAE:AMRM) 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.


Amram Avraham Construction Co Cash Conversion Cycle Related Terms

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Amram Avraham Construction Co Business Description

Traded in Other Exchanges
N/A
Address
Masger 22, Hadera, ISR
Website
Amram Avraham Construction Co Ltd is a company that operates, on its own and through corporations held by it, including through joint activities with third parties, in the field of real estate. in the entrepreneurial and profitable real estate sector in Israel. It operates in two main areas of activity which includes the field of entrepreneurial real estate in Israel that involves Locating real estate, improvement processes and initiation, establishment and sale of real estate projects through the company, consolidated companies or through a special purpose corporation and the yielding real estate field which involves cating, initiating, establishing, renting and managing real estate for investment, when sometimes the company purchases land whose current purpose is for industry, storage.

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