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Tamino Minerals (Tamino Minerals) Cash Conversion Cycle : 156.85 (As of Jun. 2006)


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What is Tamino Minerals Cash Conversion Cycle?

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

Tamino Minerals's Days Sales Outstanding for the three months ended in Jun. 2006 was 66.97.
Tamino Minerals's Days Inventory for the three months ended in Jun. 2006 was 155.85.
Tamino Minerals's Days Payable for the three months ended in Jun. 2006 was 65.97.
Therefore, Tamino Minerals's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2006 was 156.85.


Tamino Minerals Cash Conversion Cycle Historical Data

The historical data trend for Tamino Minerals'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.

Tamino Minerals Cash Conversion Cycle Chart

Tamino Minerals Annual Data
Trend Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.84 88.97 53.64 77.45 143.16

Tamino Minerals Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 218.27 110.49 121.31 126.88 156.85

Competitive Comparison of Tamino Minerals's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, Tamino Minerals'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.


Tamino Minerals's Cash Conversion Cycle Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tamino Minerals's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Tamino Minerals's Cash Conversion Cycle falls into.



Tamino Minerals 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.

Tamino Minerals's Cash Conversion Cycle for the fiscal year that ended in Jun. 2005 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=61.57+125.54-43.95
=143.16

Tamino Minerals's Cash Conversion Cycle for the quarter that ended in Jun. 2006 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=66.97+155.85-65.97
=156.85

* 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.


Tamino Minerals  (OTCPK:TINO) 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.


Tamino Minerals Cash Conversion Cycle Related Terms

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Tamino Minerals (Tamino Minerals) Business Description

Traded in Other Exchanges
N/A
Address
367 Muskoka Road 3N, Toronto, ON, CAN, P1H 1H6
Tamino Minerals Inc is engaged in exploration in Mexico for precious metals including copper, lead and zinc. It has several properties in a highly prospective area for gold in Mexico known as the Las Amalias Mine and it continues to evaluate and develop economic opportunities.
Executives
Lars Fuhrken Batista officer: V.P. of Development CO EGAMES, INC. 2000 CABOT BLVD. WEST, SUITE 110 LANGHORNE PA 19047-1811
Aiken Robert M Jr director

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