* 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.
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Ningxia Orient Tantalum Industry Co Cash Conversion Cycle Chart
Competitive Comparison of Ningxia Orient Tantalum Industry Co's Cash Conversion Cycle
For the Other Industrial Metals & Mining subindustry, Ningxia Orient Tantalum Industry Co'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.
Ningxia Orient Tantalum Industry Co's Cash Conversion Cycle Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ningxia Orient Tantalum Industry Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Ningxia Orient Tantalum Industry Co's Cash Conversion Cycle falls into.
Ningxia Orient Tantalum Industry Co 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.
* 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.
Ningxia Orient Tantalum Industry Co (SZSE:000962) 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.
Ningxia Orient Tantalum Industry Co Cash Conversion Cycle Related Terms
Thank you for viewing the detailed overview of Ningxia Orient Tantalum Industry Co's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.
Ningxia Orient Tantalum Industry Co (SZSE:000962) Business Description
Ningxia Orient Tantalum Industry Co Ltd is specialized in research, development, and production of rare metals in China. It produces metals and alloys of tantalum, niobium, beryllium, and titanium, as well as SiC and PV abrasive materials, battery energy materials and others. These products are used in electronics, communication, aviation, airspace, metallurgy, oil chemicals, lighting, sports, medicals, atomic energy, solar energy and other fields. The company distributes its products in both Chinese and overseas markets.
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