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Lendlease Global Commercial REIT (SGX:JYEU) Cash Conversion Cycle : -241.13 (As of Dec. 2023)


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What is Lendlease Global Commercial REIT Cash Conversion Cycle?

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

Lendlease Global Commercial REIT's Days Sales Outstanding for the six months ended in Dec. 2023 was 3.44.
Lendlease Global Commercial REIT's Days Inventory for the six months ended in Dec. 2023 was 0.
Lendlease Global Commercial REIT's Days Payable for the six months ended in Dec. 2023 was 244.57.
Therefore, Lendlease Global Commercial REIT's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was -241.13.


Lendlease Global Commercial REIT Cash Conversion Cycle Historical Data

The historical data trend for Lendlease Global Commercial REIT'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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Lendlease Global Commercial REIT Cash Conversion Cycle Chart

Lendlease Global Commercial REIT Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Cash Conversion Cycle
- -228.70 -219.88 -103.28

Lendlease Global Commercial REIT Semi-Annual Data
Mar20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial -421.99 -163.31 -220.69 -231.50 -241.13

Competitive Comparison of Lendlease Global Commercial REIT's Cash Conversion Cycle

For the REIT - Diversified subindustry, Lendlease Global Commercial REIT'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.


Lendlease Global Commercial REIT's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lendlease Global Commercial REIT's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Lendlease Global Commercial REIT's Cash Conversion Cycle falls into.



Lendlease Global Commercial REIT 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.

Lendlease Global Commercial REIT's Cash Conversion Cycle for the fiscal year that ended in Jun. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=4.02+0-107.3
=-103.28

Lendlease Global Commercial REIT'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
=3.44+0-244.57
=-241.13

* 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.


Lendlease Global Commercial REIT  (SGX:JYEU) 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.


Lendlease Global Commercial REIT Cash Conversion Cycle Related Terms

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Lendlease Global Commercial REIT (SGX:JYEU) Business Description

Traded in Other Exchanges
N/A
Address
2 Tanjong Katong Road, No. 05-01 PLQ 3, Paya Lebar Quarter, Singapore, SGP, 437161
Lendlease Global Commercial REIT is a Singapore real estate investment trust. It is established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally that are used primarily for retail and office purposes as well as real estate-related assets in connection with the foregoing. The company's geographical segment includes Singapore segment which comprises of leasing of retail and office buildings in Singapore. and Italy segment which comprises of easing of Sky Complex, comprising three office buildings in Milan. It derives a majority of revenue from Singapore.

Lendlease Global Commercial REIT (SGX:JYEU) Headlines

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