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DT.Eigenheim Union INH ON (XTER:JZ6) Cash Conversion Cycle : 210.94 (As of Jun. 2023)


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What is DT.Eigenheim Union INH ON Cash Conversion Cycle?

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

DT.Eigenheim Union INH ON's Days Sales Outstanding for the six months ended in Jun. 2023 was 6.11.
DT.Eigenheim Union INH ON's Days Inventory for the six months ended in Jun. 2023 was 236.46.
DT.Eigenheim Union INH ON's Days Payable for the six months ended in Jun. 2023 was 31.63.
Therefore, DT.Eigenheim Union INH ON's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2023 was 210.94.


DT.Eigenheim Union INH ON Cash Conversion Cycle Historical Data

The historical data trend for DT.Eigenheim Union INH ON'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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DT.Eigenheim Union INH ON Cash Conversion Cycle Chart

DT.Eigenheim Union INH ON Annual Data
Trend Dec21 Dec22
Cash Conversion Cycle
507.74 199.01

DT.Eigenheim Union INH ON Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Cash Conversion Cycle - 582.44 164.94 210.94

Competitive Comparison of DT.Eigenheim Union INH ON's Cash Conversion Cycle

For the Residential Construction subindustry, DT.Eigenheim Union INH ON'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.


DT.Eigenheim Union INH ON's Cash Conversion Cycle Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, DT.Eigenheim Union INH ON's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where DT.Eigenheim Union INH ON's Cash Conversion Cycle falls into.



DT.Eigenheim Union INH ON 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.

DT.Eigenheim Union INH ON's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=1.58+227.03-29.6
=199.01

DT.Eigenheim Union INH ON's Cash Conversion Cycle for the quarter that ended in Jun. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=6.11+236.46-31.63
=210.94

* 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.


DT.Eigenheim Union INH ON  (XTER:JZ6) 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.


DT.Eigenheim Union INH ON Cash Conversion Cycle Related Terms

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DT.Eigenheim Union INH ON (XTER:JZ6) Business Description

Traded in Other Exchanges
Address
Ringbahnstrasse 16/18/20, Berlin, DEU, 12099
DT.Eigenheim Union INH ON is engaged in providing affordable homes in the Berlin-Brandenburg metropolitan area.

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