RINO (RINO International) Days Inventory: 12.45 (As of Sep. 2010)


What is RINO International Days Inventory?

RINO International RINO Days Inventory is 12.45 as of Sep. 2010.

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: 70.815
* 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  (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

* 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.

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

RINO International Days Inventory Historical Data

* Premium members only.

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.

RINO International Days Inventory Chart

RINO International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Days Inventory
0.00 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 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 22.78 8.89 11.16 7.14 12.45

RINO vs THTI, CHGI: Days Inventory 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 vs Diversified Financial Services Industry

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

* 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 Days Inventory →
What does a Days Inventory of 12.45 mean?
RINO International (RINO) has a Days Inventory of 12.45 as of Sep. 2010. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on RINO International and its competitors.
Is RINO International's Days Inventory too high?
RINO International's current Days Inventory is 12.45. The Diversified Financial Services industry median Days Inventory is 70.82. RINO International's value of 12.45 is 82.4% below this industry median.
How does RINO International's Days Inventory compare to THTI and CHGI?
RINO International's Days Inventory of 12.45 can be compared against companies in the Diversified Financial Services industry. The industry median Days Inventory is 70.82. RINO International's value of 12.45 is 82.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Diversified Financial Services company?
The median Days Inventory among Diversified Financial Services companies is 70.82, based on 42 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RINO International's current Days Inventory of 12.45 is 82.4% below 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 Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on RINO International and its competitors. For the Diversified Financial Services industry, the median Days Inventory is 70.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RINO International's current Days Inventory is 12.45. 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 Days Inventory of 12.45. The current Days Inventory is 12.45 and 82.4% below the Diversified Financial Services industry median of 70.82. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For RINO International (RINO), the current Days Inventory is 12.45 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.