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Daiwa House Logistics Trust (SGX:DHLU) Cash Conversion Cycle : -58.70 (As of Dec. 2023)


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What is Daiwa House Logistics Trust Cash Conversion Cycle?

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

Daiwa House Logistics Trust's Days Sales Outstanding for the six months ended in Dec. 2023 was 4.04.
Daiwa House Logistics Trust's Days Inventory for the six months ended in Dec. 2023 was 0.
Daiwa House Logistics Trust's Days Payable for the six months ended in Dec. 2023 was 62.74.
Therefore, Daiwa House Logistics Trust's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was -58.70.


Daiwa House Logistics Trust Cash Conversion Cycle Historical Data

The historical data trend for Daiwa House Logistics 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.

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Daiwa House Logistics Trust Cash Conversion Cycle Chart

Daiwa House Logistics Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
Cash Conversion Cycle
- - - - 0.24

Daiwa House Logistics Trust Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial - - - -104.18 -58.70

Competitive Comparison of Daiwa House Logistics Trust's Cash Conversion Cycle

For the REIT - Industrial subindustry, Daiwa House Logistics 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.


Daiwa House Logistics Trust's Cash Conversion Cycle Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa House Logistics Trust's Cash Conversion Cycle falls into.



Daiwa House Logistics 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.

Daiwa House Logistics 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
=3.09+0-2.85
=0.24

Daiwa House Logistics 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
=4.04+0-62.74
=-58.70

* 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.


Daiwa House Logistics Trust  (SGX:DHLU) 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.


Daiwa House Logistics Trust Cash Conversion Cycle Related Terms

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Daiwa House Logistics Trust (SGX:DHLU) Business Description

Traded in Other Exchanges
N/A
Address
8 Marina View, No. 14-09 Asia Square Tower 1, Singapore, SGP, 018960
Daiwa House Logistics Trust is a real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises 16 high-quality properties that are diversified across different regions in Japan, including the Greater Tokyo region and core regional markets in Japan.

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