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GLP J-REIT (GLP J-REIT) Cash Conversion Cycle : 4.96 (As of Aug. 2023)


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What is GLP J-REIT Cash Conversion Cycle?

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

GLP J-REIT's Days Sales Outstanding for the six months ended in Aug. 2023 was 15.41.
GLP J-REIT's Days Inventory for the six months ended in Aug. 2023 was 0.
GLP J-REIT's Days Payable for the six months ended in Aug. 2023 was 10.45.
Therefore, GLP J-REIT's Cash Conversion Cycle (CCC) for the six months ended in Aug. 2023 was 4.96.


GLP J-REIT Cash Conversion Cycle Historical Data

The historical data trend for GLP J-REIT'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.

GLP J-REIT Cash Conversion Cycle Chart

GLP J-REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.07 8.47 5.38 3.07 3.62

GLP J-REIT Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 4.55 3.60 2.64 4.96 7.10

Competitive Comparison of GLP J-REIT's Cash Conversion Cycle

For the REIT - Industrial subindustry, GLP J-REIT'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.


GLP J-REIT's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, GLP J-REIT's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where GLP J-REIT's Cash Conversion Cycle falls into.



GLP J-REIT 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.

GLP J-REIT's Cash Conversion Cycle for the fiscal year that ended in Aug. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=15.37+0-11.75
=3.62

GLP J-REIT's Cash Conversion Cycle for the quarter that ended in Aug. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=15.41+0-10.45
=4.96

* 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.


GLP J-REIT  (OTCPK:GLPJF) 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.


GLP J-REIT Cash Conversion Cycle Related Terms

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


GLP J-REIT (GLP J-REIT) Business Description

Industry
Traded in Other Exchanges
Address
Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-ku, Tokyo, JPN
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.

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