TMXN (Trimax) Cash Conversion Cycle: 200.75 (As of Sep. 2015)


What is Trimax Cash Conversion Cycle?

Trimax TMXN Cash Conversion Cycle is 200.75 as of Sep. 2015.

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

Trimax's Days Sales Outstanding for the three months ended in Sep. 2015 was 0.
Trimax's Days Inventory for the three months ended in Sep. 2015 was 200.75.
Trimax's Days Payable for the three months ended in Sep. 2015 was 0.
Therefore, Trimax's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2015 was 200.75.


Trimax  (OTCPK:TMXN) 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.


Trimax Cash Conversion Cycle Related Terms


Trimax Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Trimax'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.

Trimax Cash Conversion Cycle Chart

Trimax Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Dec10 Dec11 Dec12 Dec13 Dec14
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -893.16 -177.92 30.10 -6.17 15.18

Trimax Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Mar15 Jun15 Sep15
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 0.00 0.00 -175.86 -343.53 200.75

TMXN vs ENKS, SKVI, TECR: Cash Conversion Cycle Comparison

For the Shell Companies subindustry, Trimax'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.


Trimax Cash Conversion Cycle vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trimax's Cash Conversion Cycle distribution charts can be found below:

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



Trimax 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.

Trimax's Cash Conversion Cycle for the fiscal year that ended in Dec. 2014 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=43.69+193.91-222.42
=15.18

Trimax's Cash Conversion Cycle for the quarter that ended in Sep. 2015 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+200.75-0
=200.75

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 200.75 mean?
Trimax (TMXN) has a Cash Conversion Cycle of 200.75 as of Sep. 2015. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Trimax and its competitors.
Is Trimax's Cash Conversion Cycle too high?
Trimax's current Cash Conversion Cycle is 200.75. The Diversified Financial Services industry median Cash Conversion Cycle is 2.56. Trimax's value of 200.75 is 7741.8% above this industry median.
How does Trimax's Cash Conversion Cycle compare to ENKS and SKVI?
Trimax's Cash Conversion Cycle of 200.75 can be compared against companies in the Diversified Financial Services industry. The industry median Cash Conversion Cycle is 2.56. Trimax's value of 200.75 is 7741.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Diversified Financial Services company?
The median Cash Conversion Cycle among Diversified Financial Services companies is 2.56, based on 93 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trimax's current Cash Conversion Cycle of 200.75 is 7741.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Trimax and its competitors. For the Diversified Financial Services industry, the median Cash Conversion Cycle is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trimax's current Cash Conversion Cycle is 200.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trimax stock overvalued right now?
Trimax (TMXN) has a current Cash Conversion Cycle of 200.75. The current Cash Conversion Cycle is 200.75 and 7741.8% above the Diversified Financial Services industry median of 2.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Trimax (TMXN), the current Cash Conversion Cycle is 200.75 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trimax Business Description

Address 370 Amapola Avenue, Suite 200-A, Torrance, CA, USA, 90501
Trimax Corp is a holding company for healthy skincare, fitness, anti-aging, therapy products, and a portfolio of beauty, cosmetic, and personal care products focused on serving people of color.