InCity Immobilien AG's Days Sales Outstanding for the
six
months ended in Jun. 2024 was 99.15.
InCity Immobilien AG's Days Inventory for the
six
months ended in Jun. 2024 was 408.29.
InCity Immobilien AG's Days Payable for the
six
months ended in Jun. 2024 was 95.08.
Therefore, InCity Immobilien AG's Cash Conversion Cycle (CCC) for the
six
months ended in Jun. 2024 was 412.36.
InCity Immobilien AG (XTER:IC8) 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.
InCity Immobilien AG Cash Conversion Cycle Related Terms
InCity Immobilien AG Cash Conversion Cycle Historical Data
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The historical data trend for InCity Immobilien 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.
XTER:IC8 vs CBRE, CSGP, BEKE: Cash Conversion Cycle Comparison
For the Real Estate Services subindustry, InCity Immobilien 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.
InCity Immobilien AG Cash Conversion Cycle vs Real Estate Industry
For the Real Estate industry and Real Estate sector, InCity Immobilien AG's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where InCity Immobilien AG's Cash Conversion Cycle falls into.
InCity Immobilien 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.
InCity Immobilien AG's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
InCity Immobilien AG (XTER:IC8) has a Cash Conversion Cycle of 412.36 as of Jun. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on InCity Immobilien AG and its competitors.
Is InCity Immobilien AG's Cash Conversion Cycle too high?
InCity Immobilien AG's current Cash Conversion Cycle is 412.36. The Real Estate industry median Cash Conversion Cycle is 318.42. InCity Immobilien AG's value of 412.36 is 29.5% above this industry median. Overall, InCity Immobilien AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does InCity Immobilien AG's Cash Conversion Cycle compare to CBRE and CSGP?
InCity Immobilien AG's Cash Conversion Cycle of 412.36 can be compared against companies in the Real Estate industry. The industry median Cash Conversion Cycle is 318.42. InCity Immobilien AG's value of 412.36 is 29.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Real Estate company?
The median Cash Conversion Cycle among Real Estate companies is 318.42, based on 1,731 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. InCity Immobilien AG's current Cash Conversion Cycle of 412.36 is 29.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on InCity Immobilien AG and its competitors. For the Real Estate industry, the median Cash Conversion Cycle is 318.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InCity Immobilien AG's current Cash Conversion Cycle is 412.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InCity Immobilien AG stock overvalued right now?
InCity Immobilien AG (XTER:IC8) has a current Cash Conversion Cycle of 412.36. The current Cash Conversion Cycle is 412.36 and 29.5% above the Real Estate industry median of 318.42. InCity Immobilien AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For InCity Immobilien AG (XTER:IC8), the current Cash Conversion Cycle is 412.36 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
InCity Immobilien AG is a German company which operates in the real estate industry. The firm purchases and manages high-quality residential and commercial real estate projects. It also participates through partnership models with regional project developers in residential and commercial real estate projects in selected German metropolitan regions. The company's main activities comprise the investment and management, with partners, of undervalued residential and commercial real estate properties in metropolitan cities across Germany to add value to them and gain profit on their further resale or leasing.
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