Arras Group SpA (MIL:AGU) Cash Conversion Cycle : 9,340.68 (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Arras Group SpA Cash Conversion Cycle?

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

Arras Group SpA's Days Sales Outstanding for the six months ended in Dec. 2022 was 1061.82.
Arras Group SpA's Days Inventory for the six months ended in Dec. 2022 was 9631.02.
Arras Group SpA's Days Payable for the six months ended in Dec. 2022 was 1352.16.
Therefore, Arras Group SpA's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2022 was 9,340.68.

Arras Group SpA Cash Conversion Cycle Historical Data

The historical data trend for Arras Group 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.

Arras Group SpA Cash Conversion Cycle Chart

Arras Group SpA Annual Data

Trend

Dec21

Dec22

Cash Conversion Cycle

5,292.50

9,340.68

Arras Group SpA Semi-Annual Data
	Dec21	Dec22
Cash Conversion Cycle	5,292.50	9,340.68

Competitive Comparison of Arras Group SpA's Cash Conversion Cycle

For the Real Estate - Development subindustry, Arras Group 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.

Arras Group SpA's Cash Conversion Cycle Distribution in the Real Estate Industry

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

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

Arras Group 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.

Arras Group SpA'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
	=	1061.82	+	9631.02	-	1352.16
	=	9,340.68

Arras Group SpA's Cash Conversion Cycle for the quarter that ended in Dec. 2022 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	1061.82	+	9631.02	-	1352.16
	=	9,340.68

Arras Group SpA (MIL:AGU) 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.

Arras Group SpA Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Arras Group SpA's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.

Arras Group SpA (MIL:AGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arras Group SpA (MIL:AGU) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

6ZU:Germany

Address

Largo Domodossola 7, Milan, ITA, 20145

Website

https://www.arrasgroupspa.com

Arras Group SpA is a technological real estate development company for second homes, which currently operates in the Sardinian territory (in particular, in the north and south of the island), and is aimed at both Italian and foreign high-income customers. The Real Estate Projects developed by the Group typically arise in prestigious seaside locations in Sardinia, with the possibility of enjoying large internal and external spaces, as usually requested by national and international buyers interested in buying second homes. Its projects include Cannigione Sunrise, I Villini del Poetto, Seaside Costa Paradiso, The Tower Calasetta, Castle View, and others.