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Deutsche Konsum REIT-AG (XTER:DKG) Cash Conversion Cycle : 15.56 (As of Jun. 2024)


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What is Deutsche Konsum REIT-AG Cash Conversion Cycle?

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

Deutsche Konsum REIT-AG's Days Sales Outstanding for the three months ended in Jun. 2024 was 15.56.
Deutsche Konsum REIT-AG's Days Inventory for the three months ended in Jun. 2024 was 0.
Deutsche Konsum REIT-AG's Days Payable for the three months ended in Jun. 2024 was 0.
Therefore, Deutsche Konsum REIT-AG's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2024 was 15.56.


Deutsche Konsum REIT-AG Cash Conversion Cycle Historical Data

The historical data trend for Deutsche Konsum REIT-AG'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.

Deutsche Konsum REIT-AG Cash Conversion Cycle Chart

Deutsche Konsum REIT-AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
Get a 7-Day Free Trial -6.71 -7.69 -6.07 14.76 -10.16

Deutsche Konsum REIT-AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -444.04 6.56 15.31 -109.19 15.56

Competitive Comparison of Deutsche Konsum REIT-AG's Cash Conversion Cycle

For the REIT - Retail subindustry, Deutsche Konsum REIT-AG'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.


Deutsche Konsum REIT-AG's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Deutsche Konsum REIT-AG's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Deutsche Konsum REIT-AG's Cash Conversion Cycle falls into.



Deutsche Konsum REIT-AG 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.

Deutsche Konsum REIT-AG's Cash Conversion Cycle for the fiscal year that ended in Sep. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=10.1+0-20.26
=-10.16

Deutsche Konsum REIT-AG'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
=15.56+0-0
=15.56

* 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.


Deutsche Konsum REIT-AG  (XTER:DKG) 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.


Deutsche Konsum REIT-AG Cash Conversion Cycle Related Terms

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Deutsche Konsum REIT-AG Business Description

Traded in Other Exchanges
Address
Marlene-Dietrich-Allee 12b, Potsdam, BB, DEU, 14482
Deutsche Konsum REIT-AG is a real estate company. The company is engaged in the acquisition, leasing and management of domestic retail properties. The main objective of the Company is the purchase and long-term holding and leasing of retail properties in Germany and majorly the business sales revenues are almost exclusively from rental income from properties in Germany.
Executives
Christian Hellmuth Board of Directors
Rolf Elgeti Supervisory Board
Hans-ulrich Sutter Supervisory Board
Kristian Schmidt-garve Supervisory Board

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