GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seef Properties BSC (BAH:SEEF) » Definitions » Cash Conversion Cycle

Seef Properties BSC (BAH:SEEF) Cash Conversion Cycle : -79.99 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Seef Properties BSC Cash Conversion Cycle?

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

Seef Properties BSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.07.
Seef Properties BSC's Days Inventory for the three months ended in Mar. 2024 was 0.
Seef Properties BSC's Days Payable for the three months ended in Mar. 2024 was 179.06.
Therefore, Seef Properties BSC's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -79.99.


Seef Properties BSC Cash Conversion Cycle Historical Data

The historical data trend for Seef Properties BSC'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.

Seef Properties BSC Cash Conversion Cycle Chart

Seef Properties BSC 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 10.71 37.25 33.55 26.30 23.93

Seef Properties BSC 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 -140.07 -237.75 -162.85 -100.22 -79.99

Competitive Comparison of Seef Properties BSC's Cash Conversion Cycle

For the Real Estate Services subindustry, Seef Properties BSC'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.


Seef Properties BSC's Cash Conversion Cycle Distribution in the Real Estate Industry

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

* The bar in red indicates where Seef Properties BSC's Cash Conversion Cycle falls into.



Seef Properties BSC 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.

Seef Properties BSC'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
=65.43+0-41.5
=23.93

Seef Properties BSC'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
=99.07+0-179.06
=-79.99

* 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.


Seef Properties BSC  (BAH:SEEF) 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.


Seef Properties BSC Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Seef Properties BSC's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Seef Properties BSC (BAH:SEEF) Business Description

Traded in Other Exchanges
N/A
Address
Building 2102, Road 2825, Block 428, P.O. Box 20084,, Seef District, Manama, BHR
Seef Properties BSC is an integrated real estate development company in the Kingdom of Bahrain. The company specialised in developing and managing commercial leisure and recreational facilities. It also owns and manages three Seef Malls located in different areas around the Kingdom. Magic Island, is an Indoor theme park located within its Malls. Al Liwan, a mixed-use development project, and Fraser Suites Seef Bahrain serviced apartments located in Seef Mall and managed by Fraser Suites, a global hospitality brand.

Seef Properties BSC (BAH:SEEF) Headlines

No Headlines