GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Peach Property Group Ltd (XSWX:PEAN) » Definitions » Cash Conversion Cycle

Peach Property Group (XSWX:PEAN) Cash Conversion Cycle : 295.82 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Peach Property Group Cash Conversion Cycle?

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

Peach Property Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 32.44.
Peach Property Group's Days Inventory for the six months ended in Dec. 2023 was 316.32.
Peach Property Group's Days Payable for the six months ended in Dec. 2023 was 52.94.
Therefore, Peach Property Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2023 was 295.82.


Peach Property Group Cash Conversion Cycle Historical Data

The historical data trend for Peach Property Group'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.

Peach Property Group Cash Conversion Cycle Chart

Peach Property Group 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 1,098.48 1,088.61 528.17 271.16 246.59

Peach Property Group Semi-Annual Data
Jun14 Dec14 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 Premium Member Only Premium Member Only 472.00 521.03 198.21 216.11 295.82

Competitive Comparison of Peach Property Group's Cash Conversion Cycle

For the Real Estate Services subindustry, Peach Property Group'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.


Peach Property Group's Cash Conversion Cycle Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Peach Property Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Peach Property Group's Cash Conversion Cycle falls into.



Peach Property Group 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.

Peach Property Group'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
=35.25+269.32-57.98
=246.59

Peach Property Group'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
=32.44+316.32-52.94
=295.82

* 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.


Peach Property Group  (XSWX:PEAN) 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.


Peach Property Group Cash Conversion Cycle Related Terms

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


Peach Property Group (XSWX:PEAN) Business Description

Traded in Other Exchanges
Address
Neptunstrasse 96, Zurich, CHE, 8032
Peach Property Group Ltd is a real estate investor with an investment focus in the residential economic area in Germany. Its main activities include site and portfolio evaluation, structuring and financing of purchases, active asset management letting, and further selling. It has one operating segment which comprises investment in and selling of rela estate. The company operates in Germany and Switzerland out of which the majority of the revenue is generated from Germany.

Peach Property Group (XSWX:PEAN) Headlines

No Headlines