TTNN (Titan NRG) Cash Conversion Cycle: 120.12 (As of Dec. 2011)

What is Titan NRG Cash Conversion Cycle?

Titan NRG TTNN -0.76% Cash Conversion Cycle is 120.12 as of Dec. 2011.

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

Titan NRG's Days Sales Outstanding for the three months ended in Dec. 2011 was 234.79.
Titan NRG's Days Inventory for the three months ended in Dec. 2011 was 80.21.
Titan NRG's Days Payable for the three months ended in Dec. 2011 was 194.88.
Therefore, Titan NRG's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2011 was 120.12.

Titan NRG (OTCPK:TTNN) 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.

Titan NRG Cash Conversion Cycle Related Terms

Titan NRG Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Titan NRG'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.

Titan NRG Cash Conversion Cycle Chart

Titan NRG Annual Data

Trend

Sep07

Sep08

Sep09

Mar10

Mar11

Cash Conversion Cycle

-38.20

-41.63

-95.98

134.34

151.15

Titan NRG Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Cash Conversion Cycle	Get a 7-Day Free Trial															292.58	221.85	92.24	446.59	120.12

TTNN vs SSOL, ABCE, BSRC: Cash Conversion Cycle Comparison

For the Oil & Gas Midstream subindustry, Titan NRG'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.

Titan NRG Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Titan NRG's Cash Conversion Cycle distribution charts can be found below:

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

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Titan NRG 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.

Titan NRG's Cash Conversion Cycle for the fiscal year that ended in Mar. 2011 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	183.94	+	43.38	-	76.17
	=	151.15

Titan NRG's Cash Conversion Cycle for the quarter that ended in Dec. 2011 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	234.79	+	80.21	-	194.88
	=	120.12

Frequently Asked Questions Learn more about Cash Conversion Cycle →

What does a Cash Conversion Cycle of 120.12 mean?

Titan NRG (TTNN) has a Cash Conversion Cycle of 120.12 as of Dec. 2011. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Titan NRG and its competitors.

Is Titan NRG's Cash Conversion Cycle too high?

Titan NRG's current Cash Conversion Cycle is 120.12. The Oil & Gas industry median Cash Conversion Cycle is 18.37. Titan NRG's value of 120.12 is 553.9% above this industry median.

How does Titan NRG's Cash Conversion Cycle compare to SSOL and ABCE?

Titan NRG's Cash Conversion Cycle of 120.12 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.37. Titan NRG's value of 120.12 is 553.9% 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 an Oil & Gas company?

The median Cash Conversion Cycle among Oil & Gas companies is 18.37, based on 920 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. Titan NRG's current Cash Conversion Cycle of 120.12 is 553.9% 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 Titan NRG and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan NRG's current Cash Conversion Cycle is 120.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Titan NRG stock overvalued right now?

Titan NRG (TTNN) has a current Cash Conversion Cycle of 120.12. The current Cash Conversion Cycle is 120.12 and 553.9% above the Oil & Gas industry median of 18.37. 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 Titan NRG (TTNN), the current Cash Conversion Cycle is 120.12 as of Dec. 2011. 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.

Titan NRG Business Description

Industry Energy Oil & Gas

Comparable Companies NSE:XLENERGY BOM:533109 SSOL BOM:517403 WAR:RSP ABCE BOM:541228 BSRC WAR:01C BOM:511447 NSE:SMSOLEX NSE:ZODIACSMN WAR:NVV TSXV:ACU BOM:533298 WAR:SNX HYSR TSXV:UGE MIL:GGP OHEL:VALOE

Address 4255 North Sullinger Avenue, Tucson, AZ, USA, 85705

Website https://www.titannrg.com

Titan NRG operates as a downstream energy and transportation company through its subsidiaries. The products of the company include Propane, Butane, Asphalt, Emulsion, and Specialty Chemicals.