Tirex (TXMC) Days Payable : 0.00 (As of Jun. 2009)

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What is Tirex Days Payable?

Tirex's average Accounts Payable for the six months ended in Jun. 2009 was $0.00 Mil. Tirex's Cost of Goods Sold for the six months ended in Jun. 2009 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: 75.425
* Ranked among companies with meaningful Days Payable only.

Tirex's Days Payable stayed the same from Jun. 2007 (0.00) to Jun. 2009 (0.00).

Tirex Days Payable Historical Data

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.

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Tirex Days Payable Chart

Tirex Annual Data

Trend

Jun00

Jun01

Jun02

Jun06

Jun07

Jun08

Jun09

Jun14

Days Payable

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

Competitive Comparison of Tirex's Days Payable

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's Days Payable Distribution in the 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. 2009 is calculated as

	Days Payable (A: Jun. 2009 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2008 )	+	Accounts Payable (A: Jun. 2009 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2009 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Tirex's Days Payable for the quarter that ended in Jun. 2009 is calculated as:

	Days Payable (Q: Jun. 2009 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2008 )	+	Accounts Payable (Q: Jun. 2009 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2009 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Tirex Days Payable Related Terms

Thank you for viewing the detailed overview of Tirex's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tirex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tirex Corp (OTCPK:TXMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1771 Post Road East, Westport, CT, USA, 06880

Website

http://www.tirex-tcs.com

Tirex Corp is engaged in the business of developing for sale, licensing or environmentally safe, patented, semi cryogenic turn key tire recycling system.

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