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Abitare In SpA (MIL:ABT) Cash Conversion Cycle : 15,058.47 (As of Dec. 2023)


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What is Abitare In SpA Cash Conversion Cycle?

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

Abitare In SpA's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.86.
Abitare In SpA's Days Inventory for the three months ended in Dec. 2023 was 15762.9.
Abitare In SpA's Days Payable for the three months ended in Dec. 2023 was 719.29.
Therefore, Abitare In SpA's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 15,058.47.


Abitare In SpA Cash Conversion Cycle Historical Data

The historical data trend for Abitare In SpA'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.

Abitare In SpA Cash Conversion Cycle Chart

Abitare In SpA Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
Get a 7-Day Free Trial 68.00 1,367.59 745.02 -317.03 126.81

Abitare In SpA Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 534.00 175.16 162.52 439.84 15,058.47

Competitive Comparison of Abitare In SpA's Cash Conversion Cycle

For the Real Estate - Development subindustry, Abitare In SpA'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.


Abitare In SpA's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Abitare In SpA's Cash Conversion Cycle falls into.



Abitare In SpA 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.

Abitare In SpA'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
=0.79+152.77-26.75
=126.81

Abitare In SpA's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=14.86+15762.9-719.29
=15,058.47

* 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.


Abitare In SpA  (MIL:ABT) 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.


Abitare In SpA Cash Conversion Cycle Related Terms

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Abitare In SpA (MIL:ABT) Business Description

Traded in Other Exchanges
Address
Via degli Olivetani 10/12, Milan, ITA, 20123
Abitare In SpA is a real estate company. It is engaged in developing and selling real estate units including urban building projects in Milan, Italy. Its projects include Poste and Maggiolina.

Abitare In SpA (MIL:ABT) Headlines

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