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Turbodyne Technologies (Turbodyne Technologies) Cash Conversion Cycle : 0.00 (As of Dec. 2010)


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What is Turbodyne Technologies Cash Conversion Cycle?

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

Turbodyne Technologies's Days Sales Outstanding for the three months ended in Dec. 2010 was 0.
Turbodyne Technologies's Days Inventory for the three months ended in Dec. 2010 was 0.
Turbodyne Technologies's Days Payable for the three months ended in Dec. 2010 was 0.
Therefore, Turbodyne Technologies's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2010 was 0.00.


Turbodyne Technologies Cash Conversion Cycle Historical Data

The historical data trend for Turbodyne Technologies'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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Turbodyne Technologies Cash Conversion Cycle Chart

Turbodyne Technologies Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cash Conversion Cycle
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Turbodyne Technologies Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Dec10 Dec11
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Competitive Comparison of Turbodyne Technologies's Cash Conversion Cycle

For the Specialty Industrial Machinery subindustry, Turbodyne Technologies'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.


Turbodyne Technologies's Cash Conversion Cycle Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turbodyne Technologies's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Turbodyne Technologies's Cash Conversion Cycle falls into.



Turbodyne Technologies 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.

Turbodyne Technologies's Cash Conversion Cycle for the fiscal year that ended in Dec. 2011 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

Turbodyne Technologies's Cash Conversion Cycle for the quarter that ended in Dec. 2010 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* 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.


Turbodyne Technologies  (GREY:TRBD) 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.


Turbodyne Technologies Cash Conversion Cycle Related Terms

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Turbodyne Technologies (Turbodyne Technologies) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, 17th Floor, New York, NY, USA, 10106
Turbodyne Technologies Inc designs and develops forced-air induction (air-charging) technologies that improve the performance of gas and diesel internal combustion engines.

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