RINO International (RINO International) Days Inventory

: 12.45 (As of Sep. 2010)

View and export this data going back to 1993. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). RINO International's Average Total Inventories for the three months ended in Sep. 2010 was $5.0 Mil. RINO International's Cost of Goods Sold for the three months ended in Sep. 2010 was $36.4 Mil. Hence, RINO International's Days Inventory for the three months ended in Sep. 2010 was 12.45.

The historical rank and industry rank for RINO International's Days Inventory or its related term are showing as below:

RINO's Days Inventory is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 68.56
* Ranked among companies with meaningful Days Inventory only.

RINO International's Days Inventory declined from Sep. 2009 (22.78) to Sep. 2010 (12.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. RINO International's Inventory Turnover for the three months ended in Sep. 2010 was 7.33.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. RINO International's Inventory-to-Revenue for the three months ended in Sep. 2010 was 0.09.

RINO International Days Inventory Historical Data

The historical data trend for RINO International's Days Inventory 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.

RINO International Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Days Inventory

7.58

1.60

2.96

10.02

RINO International Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Days Inventory	Get a 7-Day Free Trial															22.78	8.89	11.16	7.14	12.45

Competitive Comparison

For the Shell Companies subindustry, RINO International's Days Inventory, along with its competitors' market caps and Days Inventory 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.

RINO International Days Inventory Distribution

For the Diversified Financial Services industry and Financial Services sector, RINO International's Days Inventory distribution charts can be found below:

* The bar in red indicates where RINO International's Days Inventory falls into.

RINO International Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

RINO International's Days Inventory for the fiscal year that ended in Dec. 2009 is calculated as

	Days Inventory (A: Dec. 2009 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2008 )	+	Total Inventories (A: Dec. 2009 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2009 )	*	Days in Period
=	( (1.203	+	5.406)	/	2 )	/	120.33	*	365
=	3.3045					/	120.33	*	365
=	10.02

RINO International's Days Inventory for the quarter that ended in Sep. 2010 is calculated as:

	Days Inventory (Q: Sep. 2010 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2010 )	+	Total Inventories (Q: Sep. 2010 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2010 )	*	Days in Period
=	( (4.401	+	5.546)	/	2 )	/	36.442	*	365 / 4
=	4.9735					/	36.442	*	365 / 4
=	12.45

RINO International (OTCPK:RINO) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

RINO International's Inventory Turnover for the three months ended in Sep. 2010 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	36.442	/	4.9735
	=	7.33

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

RINO International's Inventory to Revenue for the three months ended in Sep. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.9735	/	52.725
	=	0.09

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

RINO International Days Inventory Related Terms

Thank you for viewing the detailed overview of RINO International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

RINO International (RINO International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » RINO International Corp (OTCPK:RINO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074

Website

RINO International Corp is in the business of identifying and acquiring strategic intellectual property in the agricultural technology, biotechnologies, and energy industries.

Executives

Glenn Little

director, 10 percent owner, officer: CEO & CFO

211 WEST WALL ST, MIDLAND TX 70701

RINO International (RINO International) Headlines

From GuruFocus

Monday Value Overview

By Steven Kiel Steven Kiel • 07-25-2011

Muddy Waters Blowing the Whistle on Another US Listed Chinese Company

By CanadianValue CanadianValue • 02-04-2011