TIPS (Tianrong Internet Products And Services) Days Payable: 0.00 (As of Sep. 2023)


What is Tianrong Internet Products And Services Days Payable?

Tianrong Internet Products And Services TIPS -20.00% Days Payable is 0.00 as of Sep. 2023.

Tianrong Internet Products And Services's average Accounts Payable for the six months ended in Sep. 2023 was $0.17 Mil. Tianrong Internet Products And Services's Cost of Goods Sold for the six months ended in Sep. 2023 was $0.00 Mil.

The historical rank and industry rank for Tianrong Internet Products And Services's Days Payable or its related term are showing as below:

TIPS's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 78.08
* Ranked among companies with meaningful Days Payable only.

Tianrong Internet Products And Services's Days Payable stayed the same from . 20 (0.00) to Sep. 2023 (0.00).

Tianrong Internet Products And Services Days Payable Related Terms

Tianrong Internet Products And Services Days Payable Historical Data

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The historical data trend for Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services Days Payable Chart

Tianrong Internet Products And Services Annual Data
Trend
Days Payable

Tianrong Internet Products And Services Semi-Annual Data
Sep22 Sep23
Days Payable 0.00 0.00

TIPS vs TPIC, BW, HNOI: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianrong Internet Products And Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Tianrong Internet Products And Services's Days Payable falls into.


Tianrong Internet Products And Services 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.

Tianrong Internet Products And Services's Days Payable for the fiscal year that ended in . 20 is calculated as

Days Payable (A: . 20 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: . 20 ) + Accounts Payable (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Tianrong Internet Products And Services's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0.17) / 1 ) / 0*365 / 2
=0.17 / 0*365 / 2
=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 Payable →
What does a Days Payable of 0.00 mean?
Tianrong Internet Products And Services (TIPS) has a Days Payable of 0.00 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tianrong Internet Products And Services and its competitors.
Is Tianrong Internet Products And Services' Days Payable too high?
Tianrong Internet Products And Services' current Days Payable is 0.00.
How does Tianrong Internet Products And Services' Days Payable compare to TPIC and BW?
Tianrong Internet Products And Services' Days Payable of 0.00 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 78.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,991 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tianrong Internet Products And Services and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianrong Internet Products And Services's current Days Payable 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 Tianrong Internet Products And Services stock overvalued right now?
Tianrong Internet Products And Services (TIPS) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Tianrong Internet Products And Services (TIPS), the current Days Payable is 0.00 as of Sep. 2023. 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.

Tianrong Internet Products And Services Business Description

Address 2374 Route 390, Mountainhome, PA, USA, 18342
Tianrong Internet Products And Services Inc is a United States-based holding company whose planning is the acquisition and management of assets in the heavy equipment industry.