RNBI (Rainbow International) Days Inventory: 0.00 (As of Feb. 2014)


What is Rainbow International Days Inventory?

Rainbow International RNBI Days Inventory is 0.00 as of Feb. 2014.

Days Inventory is also known as Days Sales of Inventory (DSI). Rainbow International's Average Total Inventories for the three months ended in Feb. 2014 was $0.00 Mil. Rainbow International's Cost of Goods Sold for the three months ended in Feb. 2014 was $0.00 Mil.

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

RNBI's Days Inventory is not ranked *
in the Drug Manufacturers industry.
Industry Median: 164.43
* Ranked among companies with meaningful Days Inventory only.

Rainbow International's Days Inventory stayed the same from Feb. 2013 (0.00) to Feb. 2014 (0.00).

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

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.


Rainbow International  (OTCPK:RNBI) 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.

Rainbow International's Inventory Turnover for the three months ended in Feb. 2014 is calculated as

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.

Rainbow International's Inventory to Revenue for the three months ended in Feb. 2014 is calculated as

* 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.


Rainbow International Days Inventory Related Terms


Rainbow International Days Inventory Historical Data

* Premium members only.

The historical data trend for Rainbow 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.

Rainbow International Days Inventory Chart

Rainbow International Annual Data
Trend May11 May12 May13
Days Inventory
0.00 0.00 0.00

Rainbow International Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Rainbow International Days Inventory Competitor Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Rainbow 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.


Rainbow International Days Inventory vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Rainbow International's Days Inventory distribution charts can be found below:

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



Rainbow International Days Inventory Calculation

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

Rainbow International's Days Inventory for the fiscal year that ended in May. 2013 is calculated as

Days Inventory (A: May. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2012 ) + Total Inventories (A: May. 2013 )) / count ) / Cost of Goods Sold (A: May. 2013 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Rainbow International's Days Inventory for the quarter that ended in Feb. 2014 is calculated as:

Days Inventory (Q: Feb. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2013 ) + Total Inventories (Q: Feb. 2014 )) / count ) / Cost of Goods Sold (Q: Feb. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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 0.00 mean?
Rainbow International (RNBI) has a Days Inventory of 0.00 as of Feb. 2014. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rainbow International and its competitors.
Is Rainbow International's Days Inventory too high?
Rainbow International's current Days Inventory is 0.00.
How does Rainbow International's Days Inventory compare to competitors?
Rainbow International's Days Inventory of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Days Inventory is 164.43. 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 Drug Manufacturers company?
The median Days Inventory among Drug Manufacturers companies is 164.43, based on 918 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. 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 Rainbow International and its competitors. For the Drug Manufacturers industry, the median Days Inventory is 164.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rainbow International's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rainbow International stock overvalued right now?
Rainbow International (RNBI) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Rainbow International (RNBI), the current Days Inventory is 0.00 as of Feb. 2014. 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.

Rainbow International Business Description

Comparable Companies IST:GENTSIST:PRKME
Address 17422 East Progress Drive, Suite 107, Centennial, CO, USA
Rainbow International Corp is a United States based company engaged in the commercial production of hemp, by growing hemp in greenhouses and on acreage, then formulate, package and distribute its own line of hemp-based products.