Tirex (TXMC) Days Payable: 0.00 (As of Jun. 2010)


What is Tirex Days Payable?

Tirex TXMC -99.00% Days Payable is 0.00 as of Jun. 2010.

Tirex's average Accounts Payable for the six months ended in Jun. 2010 was $0.00 Mil. Tirex's Cost of Goods Sold for the six months ended in Jun. 2010 was $0.00 Mil.

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

TXMC's Days Payable is not ranked *
in the Industrial Products industry.
Industry Median: 77.54
* Ranked among companies with meaningful Days Payable only.

Tirex's Days Payable stayed the same from Jun. 2008 (0.00) to Jun. 2010 (0.00).

Tirex Days Payable Historical Data

* Premium members only.

The historical data trend for Tirex'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.

Tirex Days Payable Chart

Tirex Annual Data
Trend Jun00 Jun01 Jun02 Jun06 Jun07 Jun08 Jun09 Jun10 Jun14
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tirex Semi-Annual Data
Jun00 Jun01 Jun02 Jun06 Jun07 Jun08 Jun09 Jun10 Jun14
Days Payable Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

TXMC vs CSHEF, STCC, OMSH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Tirex'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.

Tirex Days Payable vs Industrial Products Industry

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

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


Tirex 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.

Tirex's Days Payable for the fiscal year that ended in Jun. 2010 is calculated as

Days Payable (A: Jun. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2009 ) + Accounts Payable (A: Jun. 2010 )) / count ) / Cost of Goods Sold (A: Jun. 2010 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Tirex's Days Payable for the quarter that ended in Jun. 2010 is calculated as:

Days Payable (Q: Jun. 2010 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2009 ) + Accounts Payable (Q: Jun. 2010 )) / count ) / Cost of Goods Sold (Q: Jun. 2010 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 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?
Tirex (TXMC) has a Days Payable of 0.00 as of Jun. 2010. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tirex and its competitors.
Is Tirex's Days Payable too high?
Tirex's current Days Payable is 0.00.
How does Tirex's Days Payable compare to CSHEF and STCC?
Tirex's Days Payable of 0.00 can be compared against companies in the Industrial Products industry. The industry median Days Payable is 77.54. 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 77.54, based on 2,997 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 Tirex and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirex'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 Tirex stock overvalued right now?
Tirex (TXMC) 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 Tirex (TXMC), the current Days Payable is 0.00 as of Jun. 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.

Tirex Business Description

Address 1771 Post Road East, Westport, CT, USA, 06880
Tirex Corp is engaged in the business of developing for sale, licensing or environmentally safe, patented, semi cryogenic turn key tire recycling system.