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IMW Immobilien SE (STU:GARY) Cash Conversion Cycle : 14.11 (As of Mar. 2015)


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What is IMW Immobilien SE Cash Conversion Cycle?

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

IMW Immobilien SE's Days Sales Outstanding for the six months ended in Mar. 2015 was 2.79.
IMW Immobilien SE's Days Inventory for the six months ended in Mar. 2015 was 48.13.
IMW Immobilien SE's Days Payable for the six months ended in Mar. 2015 was 36.81.
Therefore, IMW Immobilien SE's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2015 was 14.11.


IMW Immobilien SE Cash Conversion Cycle Historical Data

The historical data trend for IMW Immobilien SE'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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IMW Immobilien SE Cash Conversion Cycle Chart

IMW Immobilien SE Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.22 256.83 266.81 34.53 29.03

IMW Immobilien SE Semi-Annual Data
Mar04 Mar07 Mar08 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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 105.54 60.86 18.22 55.15 14.11

Competitive Comparison of IMW Immobilien SE's Cash Conversion Cycle

For the Real Estate - Development subindustry, IMW Immobilien SE'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.


IMW Immobilien SE's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where IMW Immobilien SE's Cash Conversion Cycle falls into.



IMW Immobilien SE 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.

IMW Immobilien SE's Cash Conversion Cycle for the fiscal year that ended in Mar. 2015 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=4.61+80.13-55.71
=29.03

IMW Immobilien SE's Cash Conversion Cycle for the quarter that ended in Mar. 2015 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=2.79+48.13-36.81
=14.11

* 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.


IMW Immobilien SE  (STU:GARY) 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.


IMW Immobilien SE Cash Conversion Cycle Related Terms

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IMW Immobilien SE (STU:GARY) Business Description

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IMW Immobilien SE purchases, manages and sells real estate properties. The Company leases out commercial properties such as office buildings.

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