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JakeCal

12/09/11 9:57 PM

#63307 RE: Watson9 #63298

Excess inventory exists when a company inaccurately orders inventory and is left with more than the market demands or market demand dramatically falls after inventory is ordered, most awful if there is no market demand at all. Having excess inventory is generally regarded as bad for business because of what it means for inventory turnover and the costs associated with managing it.
I hope Ike is as good at managing inventory of finished goods as he is at stock dilution.

INVENTORY
The Company's inventory consists of entirely of finished goods, and is valued at lower of cost or market price