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Mansfelder Metals (Mansfelder Metals) Cash Conversion Cycle : -17.31 (As of Sep. 2007)


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What is Mansfelder Metals Cash Conversion Cycle?

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

Mansfelder Metals's Days Sales Outstanding for the three months ended in Sep. 2007 was 4.43.
Mansfelder Metals's Days Inventory for the three months ended in Sep. 2007 was 43.36.
Mansfelder Metals's Days Payable for the three months ended in Sep. 2007 was 65.1.
Therefore, Mansfelder Metals's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2007 was -17.31.


Mansfelder Metals Cash Conversion Cycle Historical Data

The historical data trend for Mansfelder Metals'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.

Mansfelder Metals Cash Conversion Cycle Chart

Mansfelder Metals Annual Data
Trend Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Dec06
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -143.20 -438.56 -1,658.38 164.70 -3.64

Mansfelder Metals Quarterly Data
Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 -9.07 7.12 6.09 -7.32 -17.31

Competitive Comparison of Mansfelder Metals's Cash Conversion Cycle

For the Aluminum subindustry, Mansfelder Metals'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.


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

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

* The bar in red indicates where Mansfelder Metals's Cash Conversion Cycle falls into.



Mansfelder Metals 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.

Mansfelder Metals's Cash Conversion Cycle for the fiscal year that ended in Dec. 2006 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=4.08+45.7-53.42
=-3.64

Mansfelder Metals's Cash Conversion Cycle for the quarter that ended in Sep. 2007 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=4.43+43.36-65.1
=-17.31

* 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.


Mansfelder Metals  (OTCPK:MNSF) 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.


Mansfelder Metals Cash Conversion Cycle Related Terms

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


Mansfelder Metals (Mansfelder Metals) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit 803, Dina House, Ruttonjee Centre 11 Duddell Street, Central, HKG, 200070
Website
Mansfelder Metals Ltd is engaged in manufacturing and trading of aluminum products.
Executives
Miller Lloyd I Iii 10 percent owner
Stefan Feuerstein officer: Chief Operating Officer BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000
Mfc Bancorp Ltd 10 percent owner ROOM 2103 SHANGHAI MART TOWER, 2299 YAN AN ROAD WEST, CHANGNING DISTRICT, SHANGHAI F4 200336
Gavin James R Iii director BAXTER INTERNATIONAL INC, ONE BAXTER PARKWAY, DEERFIELD IL 60015

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