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Monday, 08/19/2019 10:09:16 PM

Monday, August 19, 2019 10:09:16 PM

Post# of 1386
Interesting note from 10Q:

They finished the quarter with $4.08M in finished inventory. This is up from $3.2M at the end of Q1. It means that the plant actually did $10.0M in quantity, not just $9.2M.

Normally I don't like inventory building too much, but it seems to be a key here for them in getting orders. They have $4.0M they can send out the door pretty darn fast if something big comes in.

Most likely this will be even higher come end of Q3. In the last cc call Arthur mentioned having like 400 NG engines available. It means they could turn around and ship out on an international order pretty quick once the engine is available and the new application software has debuted.
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