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Americold Realty Trust (Americold Realty Trust) Cash Conversion Cycle : 22.95 (As of Mar. 2024)


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What is Americold Realty Trust Cash Conversion Cycle?

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

Americold Realty Trust's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.19.
Americold Realty Trust's Days Inventory for the three months ended in Mar. 2024 was 6.17.
Americold Realty Trust's Days Payable for the three months ended in Mar. 2024 was 40.41.
Therefore, Americold Realty Trust's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 22.95.


Americold Realty Trust Cash Conversion Cycle Historical Data

The historical data trend for Americold Realty Trust'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.

Americold Realty Trust Cash Conversion Cycle Chart

Americold Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.11 16.78 16.32 19.23 24.27

Americold Realty Trust 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 21.92 61.46 60.80 24.01 22.95

Competitive Comparison of Americold Realty Trust's Cash Conversion Cycle

For the REIT - Industrial subindustry, Americold Realty Trust'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.


Americold Realty Trust's Cash Conversion Cycle Distribution in the REITs Industry

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

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



Americold Realty Trust 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.

Americold Realty Trust'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
=58.44+5.76-39.93
=24.27

Americold Realty Trust'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
=57.19+6.17-40.41
=22.95

* 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.


Americold Realty Trust  (NYSE:COLD) 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.


Americold Realty Trust Cash Conversion Cycle Related Terms

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Americold Realty Trust (Americold Realty Trust) Business Description

Traded in Other Exchanges
Address
10 Glenlake Parkway, South Tower, Suite 600, Atlanta, GA, USA, 30328
Americold Realty Trust Inc is the world's second-largest owner and operator of temperature-controlled warehouses behind privately held Lineage Logistics. The Atlanta, Georgia-based firm owns and operates approximately 240 temperature-controlled warehouses, spanning 1.4 billion cubic feet. In 2021, the firm derived about 79% of its revenue from the United States but also has sizable operations in Europe, Canada, Australia, and New Zealand. Americold supplements its core business by providing supply management and transportation services to its various customers. It operates as a real estate investment trust.
Executives
Thomas C Novosel officer: See Remarks AMERICOLD REALTY TRUST, 10 GLENLAKE PARKWAY NE, SUITE 700, ATLANTA GA 30328
Robert Scott Chambers officer: EVP, Chief Commercial Officer 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Nathan H Harwell officer: EVP & Chief Legal Officer 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Michael Bryan Verbarendse officer: see remarks 10 GLENLAKE PARKWAY, SUITE 600, SOUTH TOWER, ATLANTA GA 30328
Russell Scott Henderson officer: EVP & Chief Investment Officer 10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 600, ATLANTA GA 30328
Snyder James C Jr officer: See Remarks 10 GLENLAKE PKWY, SOUTH TOWER, SUITE 600, ATLANTA GA 30328
David Charles Moore officer: See remarks C/O AMERICOLD REALTY TRUST, INC., 10 GLENLAKE PKWY, STE 600, SOUTH TOWER, ATLANTA GA 30328
Richard Charles Winnall officer: See remarks C/O AMERICOLD REALTY TRUST, INC., 10 GLENLAKE PKWY, STE 600, SOUTH TOWER, ATLANTA GA 30328
Samantha L Charleston officer: EVP & Chief Human Resources Of 10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 600, ATLANTA GA 30328
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Robert L Bass director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Pamela K Kohn director 3001 COLORADO BLVD, DENTON TX 76210
Chappelle George F. Jr. director, officer: Interim CEO C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Carlos V Rodriguez officer: EVP and COO 300 PHILLIPI ROAD, COLUMBUS OH 43228
James R Heistand director 5127 FAIRWAY OAKS DRIVE, WINDERMERE FL 34786

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