RNBI (Rainbow International) Receivables Turnover: 0.00 (As of Feb. 2014)

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What is Rainbow International Receivables Turnover?

Rainbow International RNBI Receivables Turnover is 0.00 as of Feb. 2014.

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. Rainbow International's Revenue for the three months ended in Feb. 2014 was $0.00 Mil. Rainbow International's average Accounts Receivable for the three months ended in Feb. 2014 was $0.00 Mil.

Rainbow International  (OTCPK:RNBI) 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.

Rainbow International Receivables Turnover Related Terms

Rainbow International Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Rainbow 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.

Rainbow International Receivables Turnover Chart

Rainbow International Annual Data
Trend May11 May12 May13
Receivables Turnover
0.00 0.00 0.00

Rainbow International Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14
Receivables Turnover 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 Receivables Turnover Competitor Comparison

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

Rainbow International Receivables Turnover vs Drug Manufacturers Industry

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

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


Rainbow International Receivables Turnover Calculation

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

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

Receivables Turnover (A: May. 2013 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2013 ) / ((Accounts Receivable (A: May. 2012 ) + Accounts Receivable (A: May. 2013 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Rainbow International's Receivables Turnover for the quarter that ended in Feb. 2014 is calculated as

Receivables Turnover (Q: Feb. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2014 ) / ((Accounts Receivable (Q: Nov. 2013 ) + Accounts Receivable (Q: Feb. 2014 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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 Receivables Turnover →
What does a Receivables Turnover of 0.00 mean?
Rainbow International (RNBI) has a Receivables Turnover of 0.00 as of Feb. 2014. 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 Rainbow International and its competitors.
Is Rainbow International's Receivables Turnover too high?
Rainbow International's current Receivables Turnover is 0.00.
How does Rainbow International's Receivables Turnover compare to competitors?
Rainbow International's Receivables Turnover of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Receivables Turnover is 5.07. 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 949 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. 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 Rainbow International and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rainbow International's current Receivables Turnover 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 Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Rainbow International (RNBI), the current Receivables Turnover 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.