Track Data (Track Data) Cash Conversion Cycle : -44.14 (As of Sep. 2009)

Track Data Cash Conversion Cycle Chart

Track Data Annual Data
	Trend	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08
Cash Conversion Cycle		Get a 7-Day Free Trial					-53.58	-40.68	-31.71	-40.36	-49.08

Track Data Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Cash Conversion Cycle	Get a 7-Day Free Trial															-48.02	-55.48	19.48	-85.33	-44.14

Competitive Comparison of Track Data's Cash Conversion Cycle

For the Capital Markets subindustry, Track Data'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.

Track Data's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Track Data's Cash Conversion Cycle distribution charts can be found below:

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

Track Data 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.

Track Data's Cash Conversion Cycle for the fiscal year that ended in Dec. 2008 is calculated as

Track Data's Cash Conversion Cycle for the quarter that ended in Sep. 2009 is calculated as:

* 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.

Track Data  (OTCPK:TRAC) 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.

Track Data Cash Conversion Cycle Related Terms

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Track Data (Track Data) Business Description