Table T-5.16

 The Timken Company

 Ratios
. 1999 1998
Current ratio 1.49 1.73
Quick ratio 0.62 0.72
Working capital (in $ millions) 275.9 360
Receivables turnover 7.35 7.65
DSO (in days) 49.66 47.71
Inventory turnover 4.48 4.59
DSI (in days) 81.47 79.52
Payables turnover 8.46 9.46
DPO 43.14 38.58
Working capital turnover 9.04 7.44
TIE 4.88 8.49
Fixed assets/equity 1.32 1.28
Debt/equity 0.85 0.77
Pbt/equity 0.09 0.18
Pbt/total assets 0.04 0.08
Pat/equity 0.06 0.11
Pat/total assets 0.03 0.05
Sales/fixed assets 1.81 1.99
Sales/total assets 1.02 1.09
Source: The Timken Company 1999 Annual Report