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Alpineome Property Trust (Alpineome Property Trust) Cash Conversion Cycle : 5.49 (As of Mar. 2024)


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What is Alpineome Property Trust Cash Conversion Cycle?

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

Alpineome Property Trust's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.26.
Alpineome Property Trust's Days Inventory for the three months ended in Mar. 2024 was 0.
Alpineome Property Trust's Days Payable for the three months ended in Mar. 2024 was 0.77.
Therefore, Alpineome Property Trust's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 5.49.


Alpineome Property Trust Cash Conversion Cycle Historical Data

The historical data trend for Alpineome Property 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.

Alpineome Property Trust Cash Conversion Cycle Chart

Alpineome Property Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial - -34.21 -17.65 4.94 7.14

Alpineome Property 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 7.56 5.94 8.65 7.68 5.49

Competitive Comparison of Alpineome Property Trust's Cash Conversion Cycle

For the REIT - Retail subindustry, Alpineome Property 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.


Alpineome Property Trust's Cash Conversion Cycle Distribution in the REITs Industry

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

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



Alpineome Property 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.

Alpineome Property 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
=7.92+0-0.78
=7.14

Alpineome Property 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
=6.26+0-0.77
=5.49

* 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.


Alpineome Property Trust  (NYSE:PINE) 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.


Alpineome Property Trust Cash Conversion Cycle Related Terms

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Alpineome Property Trust (Alpineome Property Trust) Business Description

Traded in Other Exchanges
N/A
Address
1140 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
Alpine Income Property Trust Inc is a real estate company. It owns and operates a portfolio of single-tenant commercial properties. The company's portfolio is comprised of single-tenant retail and office properties located in or in close proximity to MSAs, growth markets and other markets in the United States. The majority of the firm's revenue includes rental revenue derived from the ownership and leasing of property.
Executives
John P Albright director, officer: President and CEO PO BOX 10809, DAYTONA BEACH FL 32120
Decker Mark Okey Jr director 10414 NEW ASCOT DRIVE, GREAT FALLS VA 22066
Consolidated Tomoka Land Co 10 percent owner 369 N. NEW YORK AVE., SUITE 201, WINTER PARK FL 32789
Daniel Earl Smith officer: See Remarks P.O. BOX 10809, DAYTONA BEACH FL 32120
Wein Rachel Elias director PO BOX 10809, DAYTONA BEACH FL 32120
Matthew Morris Partridge officer: Sr. VP & CFO 70 E. LONG LAKE, BLOOMFIELD HILLS MI 48304
Lisa Vorakoun officer: VP & Chief Accounting Officer 1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH FL 32114
Steven Robert Greathouse officer: See Remarks PO BOX 10809, DAYTONA BEACH FL 32120
Mark E Patten officer: See Remarks PO BOX 10809, DAYTONA BEACH FL 32120
Andrew C Richardson director 527 MADISON AVENUE, 16TH FLOOR, NEW YORK NY 10022
Jeffrey Scott Yarckin director PO BOX 10809, DAYTONA BEACH FL 32120
Morton Carson Good director PO BOX 10809, DAYTONA BEACH FL 32120