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Microcap & Penny Stocks : Ames Department Stores (AMES)
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To: Quahog who wrote (1824)1/17/2001 2:09:55 PM
From: Arthur Tang  Read Replies (1) of 1911
 
Basically, debt is for inventory turn over. AMES sells $3.7 billion dollars of inventory each year. $650 million divided into $3.7 billion gives you 5.7 turns.
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