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S&P 500
5,222.68
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0.16%
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US TECH 100
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0.05%
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Bigspirit1

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Bigspirit1

Re: None

Tuesday, 09/06/2016 10:59:03 AM

Tuesday, September 06, 2016 10:59:03 AM

Post# of 15274
Inventory Valuation

There has been something troubling me about the inventory valuation. Devices were produced years ago and are in storage. Devices of that age do not have the structural integrity of today's devices.

When inventory is taken, how do they make certain that all these devices are still operable? Why have there been no significant write-offs with age? Is $4 million still a valid number. Can CTTC use these old machines to fulfill the GSA contract?

Thoughts please?
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