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Weingarten Realty Investors (Weingarten Realty Investors) Cash Conversion Cycle : 51.23 (As of Jun. 2021)


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What is Weingarten Realty Investors Cash Conversion Cycle?

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

Weingarten Realty Investors's Days Sales Outstanding for the three months ended in Jun. 2021 was 51.23.
Weingarten Realty Investors's Days Inventory for the three months ended in Jun. 2021 was 0.
Weingarten Realty Investors's Days Payable for the three months ended in Jun. 2021 was 0.
Therefore, Weingarten Realty Investors's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2021 was 51.23.


Weingarten Realty Investors Cash Conversion Cycle Historical Data

The historical data trend for Weingarten Realty Investors'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.

Weingarten Realty Investors Cash Conversion Cycle Chart

Weingarten Realty Investors Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.53 63.31 69.50 68.09 69.25

Weingarten Realty Investors Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 62.84 62.19 65.30 55.90 51.23

Competitive Comparison of Weingarten Realty Investors's Cash Conversion Cycle

For the REIT - Retail subindustry, Weingarten Realty Investors'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.


Weingarten Realty Investors's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Weingarten Realty Investors's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Weingarten Realty Investors's Cash Conversion Cycle falls into.



Weingarten Realty Investors 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.

Weingarten Realty Investors's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=69.25+0-0
=69.25

Weingarten Realty Investors's Cash Conversion Cycle for the quarter that ended in Jun. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=51.23+0-0
=51.23

* 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.


Weingarten Realty Investors  (NYSE:WRI) 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.


Weingarten Realty Investors Cash Conversion Cycle Related Terms

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Weingarten Realty Investors (Weingarten Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
2600 Citadel Plaza Drive, Suite 125, Houston, TX, USA, 77008
Weingarten, founded in 1948, is a self-advised REIT that owns, acquires, and develops neighborhood shopping centers. Ownership interest in more than 300 retail assets (47 msf) is diversified in 22 states with the top 10 tenants accounting for 14% of revenue. The largest state concentrations are Texas, Florida, and California, comprising 67% of rents. Economic occupancy is 91.2% and 75% of tenants are national/regional. Differentiating Weingarten is a 9% inside ownership in its outstanding shares, compared with a 1%-3% REIT industry average.
Executives
Shelaghmichael C. Brown director 1511 NANTUCKET, HOUSTON TX 77057
C Park Shaper director 1001 LOUISIANA, STE 1000, HOUSTON TX 77002
Marc J Shapiro director J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Thomas L Ryan director 1929 ALLEN PARKWAY, HOUSTON TX 77219
Stephen A Lasher director
Douglas W Schnitzer director
Andrew M Alexander director, officer: CHAIRMAN/CEO/PRESIDENT
Stephen C Richter officer: EXEC VP/CFO
Johnny Hendrix officer: Executive VP/COO
Stanford J Alexander director, officer: CHAIRMAN 2600 JCITADEL PLAZA DRIVE HOUSTON TX 77008
James W Crownover director
Melvin A Dow director
Robert J Cruikshank director 2001 KIRBY, SUITE 313, HOUSTON TX 77019
Martin Debrovner officer: VICE CHAIRMAN
J Murry Bowden director 2600 CITADEL PLAZA DRIVE STE. 300 HOUSTON TX 77008

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