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slomofron

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slomofron

Re: Cash_Is_King post# 183918

Tuesday, 11/06/2012 5:43:53 PM

Tuesday, November 06, 2012 5:43:53 PM

Post# of 289427
Alot of times AR (account recievable) does not meet AP (accounts payable). The amount of output of BBDA (shipping) can not keep up with AR. The right thing was done for the given time. The growth of this company is in exploxtion mode right now. Yes he has 4 mil to pull on but that also has interest charges a paulty sale is understandable. When goods are going out the door very fast and the AR is not keeping up, You have to do what you have to do the cheapest way.
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Total Trades:
  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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