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Accentro Real Estate AG (XTER:A4Y) Cash Conversion Cycle : 1,096.97 (As of Sep. 2023)


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What is Accentro Real Estate AG Cash Conversion Cycle?

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

Accentro Real Estate AG's Days Sales Outstanding for the three months ended in Sep. 2023 was 101.84.
Accentro Real Estate AG's Days Inventory for the three months ended in Sep. 2023 was 1009.49.
Accentro Real Estate AG's Days Payable for the three months ended in Sep. 2023 was 14.36.
Therefore, Accentro Real Estate AG's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 1,096.97.


Accentro Real Estate AG Cash Conversion Cycle Historical Data

The historical data trend for Accentro Real Estate AG'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.

Accentro Real Estate AG Cash Conversion Cycle Chart

Accentro Real Estate AG Annual Data
Trend Jun13 Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 705.37 1,337.99 1,580.62 1,001.22 822.04

Accentro Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 567.93 1,933.12 1,210.89 1,748.32 1,096.97

Competitive Comparison of Accentro Real Estate AG's Cash Conversion Cycle

For the Real Estate Services subindustry, Accentro Real Estate AG'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.


Accentro Real Estate AG's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Accentro Real Estate AG's Cash Conversion Cycle falls into.



Accentro Real Estate AG 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.

Accentro Real Estate AG'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
=43.16+792.78-13.9
=822.04

Accentro Real Estate AG's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=101.84+1009.49-14.36
=1,096.97

* 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.


Accentro Real Estate AG  (XTER:A4Y) 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.


Accentro Real Estate AG Cash Conversion Cycle Related Terms

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Accentro Real Estate AG (XTER:A4Y) Business Description

Traded in Other Exchanges
Address
Kantstrasse 44/45, Berlin, BB, DEU, D-10625
Accentro Real Estate AG is a residential property company. Its core business consists of trading residential real estate within the framework of housing privatizations. Its business activities include tenant-sensitive retailing of condominiums to private owner-occupiers and buy-to-let investors, sales of real-estate portfolios to institutional investors, management of proprietary real-estate portfolios, and provision of sales and property administration services to third parties. The company has three segments the trading and privatization business, the portfolio business, and the fee-based and service business. The company generates the majority of its revenue from the trading and privatization segment.

Accentro Real Estate AG (XTER:A4Y) Headlines

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