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BigBake1

03/14/12 4:22 PM

#20848 RE: Rustler #20842

No it is not, that is FUNDAMENTAL.. Inventory on hand is an item that is used in forecasting, it is also a means of watching the rate of sales over time. Turnover rate is very useful in determining the efficiency of the business model and well it is not that great here. The last known inventory was purchased during the 2nd quarter, they had not even burned through a 1/3rd of it by the 4th quarter.