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ReAlpha Tech (ReAlpha Tech) Cash Conversion Cycle : -6,441.74 (As of Mar. 2024)


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What is ReAlpha Tech Cash Conversion Cycle?

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

ReAlpha Tech's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.75.
ReAlpha Tech's Days Inventory for the three months ended in Mar. 2024 was 0.
ReAlpha Tech's Days Payable for the three months ended in Mar. 2024 was 6496.49.
Therefore, ReAlpha Tech's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -6,441.74.


ReAlpha Tech Cash Conversion Cycle Historical Data

The historical data trend for ReAlpha Tech'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.

ReAlpha Tech Cash Conversion Cycle Chart

ReAlpha Tech Annual Data
Trend Apr21 Apr22
Cash Conversion Cycle
- -16.68

ReAlpha Tech Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only -398.73 -161.60 -875.31 -3,895.41 -6,441.74

Competitive Comparison of ReAlpha Tech's Cash Conversion Cycle

For the Real Estate Services subindustry, ReAlpha Tech'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.


ReAlpha Tech's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where ReAlpha Tech's Cash Conversion Cycle falls into.



ReAlpha Tech 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.

ReAlpha Tech's Cash Conversion Cycle for the fiscal year that ended in Apr. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=160.36+0-177.04
=-16.68

ReAlpha Tech's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=54.75+0-6496.49
=-6,441.74

* 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.


ReAlpha Tech  (NAS:AIRE) 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.


ReAlpha Tech Cash Conversion Cycle Related Terms

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ReAlpha Tech (ReAlpha Tech) Business Description

Traded in Other Exchanges
Address
6515 Longshore Loop, Suite 100, Dublin, OH, USA, 43017
ReAlpha Tech Corp is an early-stage company that develops and utilizes its artificial intelligence-focused technology stack to empower retail investor participation in short-term rental properties, which are real estate units listed for a rental term. It offers retail investors the opportunity to participate in short-term rental properties it will acquire by offering interest in each property portfolio. Its revenues primarily consist of short-term rental revenues from the rental of its properties via Airbnb and such digital hospitality platforms. The company has two segments (i) platform services and (ii) rental business. The company generates the majority of its revenue from the Platform services segment.
Executives
Dimitrios Angelis director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Giri Devanur director, 10 percent owner, officer: CEO and President 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Jorge Aldecoa officer: Chief Operating Officer 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Michael J. Logozzo officer: Chief Financial Officer 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Monaz Karkaria director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Balaji Swaminathan director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Brian D. Cole director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017