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QTRADERQ

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Re: mary777 post# 158156

Thursday, 02/15/2018 10:00:07 AM

Thursday, February 15, 2018 10:00:07 AM

Post# of 255578
What is ONCI dating terms with its suppliers? How does it pay its suppliers if its customers (the dealerships get "extended dating term of net 90 - net 150 or even higher). Dating needs to coincide with "inventory turnover" so customer payments coincides with vendor payments. Otherwise you do not have a functioning business. You need to draw down on a bank line of credit, or in our case issue stock to pay for vendor purchases.

net terms dating

As always. JMO
$ONCI

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