RINO International (RINO International) Days Payable : 21.28 (As of Sep. 2010)

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What is RINO International Days Payable?

RINO International's average Accounts Payable for the three months ended in Sep. 2010 was $8.5 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 Payable for the three months ended in Sep. 2010 was 21.28.

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

RINO's Days Payable is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 82.68
* Ranked among companies with meaningful Days Payable only.

RINO International's Days Payable increased from Sep. 2009 (12.84) to Sep. 2010 (21.28). It may suggest that RINO International delayed paying its suppliers.

RINO International Days Payable Historical Data

The historical data trend for RINO International's Days Payable 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 Days Payable Chart

RINO International Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Days Payable

263.46

35.44

17.93

15.32

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 Payable	Get a 7-Day Free Trial															12.84	12.04	22.22	19.52	21.28

Competitive Comparison of RINO International's Days Payable

For the Shell Companies subindustry, RINO International's Days Payable, along with its competitors' market caps and Days Payable 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's Days Payable Distribution in the Diversified Financial Services Industry

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

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

RINO International Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

	Days Payable (A: Dec. 2009 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2008 )	+	Accounts Payable (A: Dec. 2009 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2009 )	*	Days in Period
=	( (5.817	+	4.281)	/	2 )	/	120.33	*	365
=	5.049					/	120.33	*	365
=	15.32

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

	Days Payable (Q: Sep. 2010 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2010 )	+	Accounts Payable (Q: Sep. 2010 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2010 )	*	Days in Period
=	( (7.202	+	9.796)	/	2 )	/	36.442	*	365 / 4
=	8.499					/	36.442	*	365 / 4
=	21.28

RINO International Days Payable Related Terms

Thank you for viewing the detailed overview of RINO International's Days Payable 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 Payable

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

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