Time conversion, Seconds to minutes, hours

Here is the function that will help you to convert the given seconds to time format.

public static function formatTime ( time:Number ):String
 {
 var remainder:Number;            
 var hours:Number = time / ( 60 * 60 );            
 remainder = hours - (Math.floor ( hours ));            
 hours = Math.floor ( hours );            
 var minutes:Number = remainder * 60;            
 remainder = minutes - (Math.floor ( minutes ));            
 minutes = Math.floor ( minutes );            
 var seconds:Number = remainder * 60;            
 remainder = seconds - (Math.floor ( seconds ));            
 seconds = Math.floor ( seconds );            
 var hString:String = hours < 10 ? "0" + hours : "" + hours;    
 var mString:String = minutes < 10 ? "0" + minutes : "" + minutes;
 var sString:String = seconds < 10 ? "0" + seconds : "" + seconds;                        
 if ( time < 0 || isNaN(time)) return "00:00";                        
 if ( hours > 0 )
 {            
 return hString + ":" + mString + ":" + sString;
 }else
 {
 return mString + ":" + sString;
 }
 }