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Scully Royalty (Scully Royalty) Cash Conversion Cycle : -180.61 (As of Jun. 2023)


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What is Scully Royalty Cash Conversion Cycle?

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

Scully Royalty's Days Sales Outstanding for the six months ended in Jun. 2023 was 38.13.
Scully Royalty's Days Inventory for the six months ended in Jun. 2023 was 15.63.
Scully Royalty's Days Payable for the six months ended in Jun. 2023 was 234.37.
Therefore, Scully Royalty's Cash Conversion Cycle (CCC) for the six months ended in Jun. 2023 was -180.61.


Scully Royalty Cash Conversion Cycle Historical Data

The historical data trend for Scully Royalty'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.

Scully Royalty Cash Conversion Cycle Chart

Scully Royalty Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.32 -15.01 -49.51 -15.34 -0.48

Scully Royalty Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -67.16 -140.27 -59.06 -62.27 -180.61

Competitive Comparison of Scully Royalty's Cash Conversion Cycle

For the Capital Markets subindustry, Scully Royalty'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.


Scully Royalty's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Scully Royalty's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Scully Royalty's Cash Conversion Cycle falls into.



Scully Royalty 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.

Scully Royalty'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
=57.89+12.25-70.62
=-0.48

Scully Royalty's Cash Conversion Cycle for the quarter that ended in Jun. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=38.13+15.63-234.37
=-180.61

* 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.


Scully Royalty  (NYSE:SRL) 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.


Scully Royalty Cash Conversion Cycle Related Terms

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Scully Royalty (Scully Royalty) Business Description

Traded in Other Exchanges
Address
2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336
Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.
Executives
Stefan Feuerstein director BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000