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Reit Azorim - H.F Living (XTAE:AZRT) Cash Conversion Cycle : -1,091.35 (As of Mar. 2024)


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What is Reit Azorim - H.F Living Cash Conversion Cycle?

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

Reit Azorim - H.F Living's Days Sales Outstanding for the three months ended in Mar. 2024 was 154.86.
Reit Azorim - H.F Living's Days Inventory for the three months ended in Mar. 2024 was 0.
Reit Azorim - H.F Living's Days Payable for the three months ended in Mar. 2024 was 1246.21.
Therefore, Reit Azorim - H.F Living's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -1,091.35.


Reit Azorim - H.F Living Cash Conversion Cycle Historical Data

The historical data trend for Reit Azorim - H.F Living'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.

Reit Azorim - H.F Living Cash Conversion Cycle Chart

Reit Azorim - H.F Living Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial -6,585.02 -15,492.97 -7,883.05 -933.69 -1,009.75

Reit Azorim - H.F Living Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1,395.87 -2,149.05 -1,320.58 -1,320.48 -1,091.35

Competitive Comparison of Reit Azorim - H.F Living's Cash Conversion Cycle

For the REIT - Diversified subindustry, Reit Azorim - H.F Living'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.


Reit Azorim - H.F Living's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Reit Azorim - H.F Living's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Reit Azorim - H.F Living's Cash Conversion Cycle falls into.



Reit Azorim - H.F Living 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.

Reit Azorim - H.F Living's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=64.3+0-1074.05
=-1,009.75

Reit Azorim - H.F Living's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=154.86+0-1246.21
=-1,091.35

* 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.


Reit Azorim - H.F Living  (XTAE:AZRT) 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.


Reit Azorim - H.F Living Cash Conversion Cycle Related Terms

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Reit Azorim - H.F Living (XTAE:AZRT) Business Description

Traded in Other Exchanges
N/A
Address
32 Arnia Street, Tel Aviv, ISR
Reit Azorim - H.F Living Ltd is REIT Fund in Israel that focuses on profitable properties In the field Of rental housing in the various segments, with the aim of producing wide portfolio of self-distributing properties.. It offers long-term rental apartments and new apartments, directly from real estate company. The company's activity focuses on the yielding residential real estate sector in Israel, that is, the purchase and construction of residential apartments and real estate assets associated with them such as: commercial areas, shops, etc., their rental and the provision of services related to their rental.

Reit Azorim - H.F Living (XTAE:AZRT) Headlines

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