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Xior Student Housing NV (XBRU:XIOR) Cash Conversion Cycle : -135.15 (As of Dec. 2023)


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What is Xior Student Housing NV Cash Conversion Cycle?

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

Xior Student Housing NV's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.22.
Xior Student Housing NV's Days Inventory for the six months ended in Dec. 2023 was 0.
Xior Student Housing NV's Days Payable for the six months ended in Dec. 2023 was 141.37.
Therefore, Xior Student Housing NV's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was -135.15.


Xior Student Housing NV Cash Conversion Cycle Historical Data

The historical data trend for Xior Student Housing NV'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.

Xior Student Housing NV Cash Conversion Cycle Chart

Xior Student Housing NV Annual Data
Trend Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only -148.07 -149.21 -157.42 -159.14 -109.00

Xior Student Housing NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -160.83 -123.90 -179.34 -190.00 -135.15

Competitive Comparison of Xior Student Housing NV's Cash Conversion Cycle

For the REIT - Diversified subindustry, Xior Student Housing NV'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.


Xior Student Housing NV's Cash Conversion Cycle Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Xior Student Housing NV's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Xior Student Housing NV's Cash Conversion Cycle falls into.



Xior Student Housing NV 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.

Xior Student Housing NV'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
=7.62+0-116.62
=-109.00

Xior Student Housing NV'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
=6.22+0-141.37
=-135.15

* 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.


Xior Student Housing NV  (XBRU:XIOR) 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.


Xior Student Housing NV Cash Conversion Cycle Related Terms

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Xior Student Housing NV (XBRU:XIOR) Business Description

Traded in Other Exchanges
Address
Mechelsesteenweg 34, Box 108, Antwerpen, BEL, 2018
Xior Student Housing NV is a real estate company specialized in the student housing sector operating in Belgium, the Netherlands, Spain and Portugal. It offers a variety of properties, ranging from rooms with shared facilities to en-suite rooms and fully equipped studios. The company also offers additional facilities, including access to certain buildings via a badge system, extra comfort, communal living facilities such as lounges and TV rooms, 24/7 emergency services, vending machines, washing machines, automated key systems and so on. The company mainly operates in Belgium and the Netherlands.

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