RINO (RINO International) Cash Conversion Cycle: 128.83 (As of Sep. 2010)


What is RINO International Cash Conversion Cycle?

RINO International RINO Cash Conversion Cycle is 128.83 as of Sep. 2010.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

RINO International's Days Sales Outstanding for the three months ended in Sep. 2010 was 137.66.
RINO International's Days Inventory for the three months ended in Sep. 2010 was 12.45.
RINO International's Days Payable for the three months ended in Sep. 2010 was 21.28.
Therefore, RINO International's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2010 was 128.83.


RINO International  (OTCPK:RINO) 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.


RINO International Cash Conversion Cycle Related Terms


RINO International Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for RINO International's Cash Conversion Cycle 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.

RINO International Cash Conversion Cycle Chart

RINO International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Cash Conversion Cycle
0.00 -65.10 42.07 79.78 98.26

RINO International Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 94.69 84.96 93.87 71.81 128.83

RINO vs THTI, CHGI: Cash Conversion Cycle Comparison

For the Shell Companies subindustry, RINO International'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.


RINO International Cash Conversion Cycle vs Diversified Financial Services Industry

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

* The bar in red indicates where RINO International's Cash Conversion Cycle falls into.



RINO International 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.

RINO International's Cash Conversion Cycle for the fiscal year that ended in Dec. 2009 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=103.56+10.02-15.32
=98.26

RINO International's Cash Conversion Cycle for the quarter that ended in Sep. 2010 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=137.66+12.45-21.28
=128.83

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 128.83 mean?
RINO International (RINO) has a Cash Conversion Cycle of 128.83 as of Sep. 2010. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on RINO International and its competitors.
Is RINO International's Cash Conversion Cycle too high?
RINO International's current Cash Conversion Cycle is 128.83. The Diversified Financial Services industry median Cash Conversion Cycle is 1.19. RINO International's value of 128.83 is 10771.7% above this industry median.
How does RINO International's Cash Conversion Cycle compare to THTI and CHGI?
RINO International's Cash Conversion Cycle of 128.83 can be compared against companies in the Diversified Financial Services industry. The industry median Cash Conversion Cycle is 1.19. RINO International's value of 128.83 is 10771.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Diversified Financial Services company?
The median Cash Conversion Cycle among Diversified Financial Services companies is 1.19, based on 92 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RINO International's current Cash Conversion Cycle of 128.83 is 10771.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on RINO International and its competitors. For the Diversified Financial Services industry, the median Cash Conversion Cycle is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RINO International's current Cash Conversion Cycle is 128.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RINO International stock overvalued right now?
RINO International (RINO) has a current Cash Conversion Cycle of 128.83. The current Cash Conversion Cycle is 128.83 and 10771.7% above the Diversified Financial Services industry median of 1.19. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For RINO International (RINO), the current Cash Conversion Cycle is 128.83 as of Sep. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RINO International Business Description

Address 26 Rio Grande Street, Suite 2702, Salt Lake City, UT, USA, 84101
RINO International Corp is in the business of identifying and acquiring strategic intellectual property in the agricultural technology, biotechnologies, and energy industries.