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Mapletree Pan Asia Commercial Trust (Mapletree Pan Asia Commercial Trust) Cash Conversion Cycle : -262.00 (As of Dec. 2023)


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What is Mapletree Pan Asia Commercial Trust Cash Conversion Cycle?

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

Mapletree Pan Asia Commercial Trust's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.07.
Mapletree Pan Asia Commercial Trust's Days Inventory for the three months ended in Dec. 2023 was 0.53.
Mapletree Pan Asia Commercial Trust's Days Payable for the three months ended in Dec. 2023 was 268.6.
Therefore, Mapletree Pan Asia Commercial Trust's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was -262.00.


Mapletree Pan Asia Commercial Trust Cash Conversion Cycle Historical Data

The historical data trend for Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust Cash Conversion Cycle Chart

Mapletree Pan Asia Commercial Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.13 -1.69 0.24 -1.30 -11.08

Mapletree Pan Asia Commercial Trust Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -255.93 -150.14 -144.15 -276.62 -262.00

Competitive Comparison of Mapletree Pan Asia Commercial Trust's Cash Conversion Cycle

For the REIT - Office subindustry, Mapletree Pan Asia Commercial 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.


Mapletree Pan Asia Commercial Trust's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mapletree Pan Asia Commercial Trust's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Mapletree Pan Asia Commercial Trust's Cash Conversion Cycle falls into.



Mapletree Pan Asia Commercial 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.

Mapletree Pan Asia Commercial Trust's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0.55+0.61-12.24
=-11.08

Mapletree Pan Asia Commercial Trust's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=6.07+0.53-268.6
=-262.00

* 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.


Mapletree Pan Asia Commercial Trust  (OTCPK:MPCMF) 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.


Mapletree Pan Asia Commercial Trust Cash Conversion Cycle Related Terms

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Mapletree Pan Asia Commercial Trust (Mapletree Pan Asia Commercial Trust) Business Description

Traded in Other Exchanges
Address
10-80 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Pan Asia Commercial Trust was established in July 2022 as a result of the merger between Mapletree Commercial Trust and Mapletree North Asia Commercial Trust. The trust has a diversified portfolio of 18 properties, which includes business parks, offices and retail malls across Singapore, Hong Kong, China, Japan, and South Korea. The trust is externally managed by MPACT Management, a subsidiary of its sponsor, which owns around a 56% stake in the trust.

Mapletree Pan Asia Commercial Trust (Mapletree Pan Asia Commercial Trust) Headlines

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