RINO (RINO International) Receivables Turnover: 0.66 (As of Sep. 2010)

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What is RINO International Receivables Turnover?

RINO International RINO Receivables Turnover is 0.66 as of Sep. 2010.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. RINO International's Revenue for the three months ended in Sep. 2010 was $52.7 Mil. RINO International's average Accounts Receivable for the three months ended in Sep. 2010 was $79.5 Mil. Hence, RINO International's Receivables Turnover for the three months ended in Sep. 2010 was 0.66.


RINO International  (OTCPK:RINO) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


RINO International Receivables Turnover Related Terms


RINO International Receivables Turnover Historical Data

* Premium members only.

The historical data trend for RINO International's Receivables Turnover 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 Receivables Turnover Chart

RINO International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09
Receivables Turnover
0.00 1.91 4.81 3.85 3.52

RINO International Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Receivables Turnover 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 1.08 1.04 0.87 1.08 0.66

RINO vs THTI, CHGI: Receivables Turnover Comparison

For the Shell Companies subindustry, RINO International's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, RINO International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where RINO International's Receivables Turnover falls into.



RINO International Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

RINO International's Receivables Turnover for the fiscal year that ended in Dec. 2009 is calculated as

Receivables Turnover (A: Dec. 2009 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2009 ) / ((Accounts Receivable (A: Dec. 2008 ) + Accounts Receivable (A: Dec. 2009 )) / count )
=192.643 / ((51.503 + 57.811) / 2 )
=192.643 / 54.657
=3.52

RINO International's Receivables Turnover for the quarter that ended in Sep. 2010 is calculated as

Receivables Turnover (Q: Sep. 2010 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2010 ) / ((Accounts Receivable (Q: Jun. 2010 ) + Accounts Receivable (Q: Sep. 2010 )) / count )
=52.725 / ((68.389 + 90.688) / 2 )
=52.725 / 79.5385
=0.66

* 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 Receivables Turnover →
What does a Receivables Turnover of 0.66 mean?
RINO International (RINO) has a Receivables Turnover of 0.66 as of Sep. 2010. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on RINO International and its competitors.
Is RINO International's Receivables Turnover too high?
RINO International's current Receivables Turnover is 0.66. The Diversified Financial Services industry median Receivables Turnover is 4.92. RINO International's value of 0.66 is 86.6% below this industry median.
How does RINO International's Receivables Turnover compare to THTI and CHGI?
RINO International's Receivables Turnover of 0.66 can be compared against companies in the Diversified Financial Services industry. The industry median Receivables Turnover is 4.92. RINO International's value of 0.66 is 86.6% 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 Receivables Turnover for a Diversified Financial Services company?
The median Receivables Turnover among Diversified Financial Services companies is 4.92, based on 69 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RINO International's current Receivables Turnover of 0.66 is 86.6% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on RINO International and its competitors. For the Diversified Financial Services industry, the median Receivables Turnover is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RINO International's current Receivables Turnover is 0.66. 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 Receivables Turnover of 0.66. The current Receivables Turnover is 0.66 and 86.6% below the Diversified Financial Services industry median of 4.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For RINO International (RINO), the current Receivables Turnover is 0.66 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.