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Aamaxan Transport Group (Aamaxan Transport Group) Cash Conversion Cycle : 22.43 (As of Jun. 2008)


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What is Aamaxan Transport Group Cash Conversion Cycle?

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

Aamaxan Transport Group's Days Sales Outstanding for the three months ended in Jun. 2008 was 37.53.
Aamaxan Transport Group's Days Inventory for the three months ended in Jun. 2008 was 26.84.
Aamaxan Transport Group's Days Payable for the three months ended in Jun. 2008 was 41.94.
Therefore, Aamaxan Transport Group's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2008 was 22.43.


Aamaxan Transport Group Cash Conversion Cycle Historical Data

The historical data trend for Aamaxan Transport Group'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.

Aamaxan Transport Group Cash Conversion Cycle Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Cash Conversion Cycle
- -

Aamaxan Transport Group Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only -0.05 -0.02 - - 22.43

Competitive Comparison of Aamaxan Transport Group's Cash Conversion Cycle

For the Shell Companies subindustry, Aamaxan Transport Group'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.


Aamaxan Transport Group's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Aamaxan Transport Group's Cash Conversion Cycle falls into.



Aamaxan Transport Group 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.

Aamaxan Transport Group's Cash Conversion Cycle for the fiscal year that ended in Jan. 2007 is calculated as

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

Aamaxan Transport Group's Cash Conversion Cycle for the quarter that ended in Jun. 2008 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=37.53+26.84-41.94
=22.43

* 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.


Aamaxan Transport Group  (GREY:AAXT) 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.


Aamaxan Transport Group Cash Conversion Cycle Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Traded in Other Exchanges
N/A
Address
31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Website
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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