SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Egghead Computer (EGGS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dorine Essey who wrote (6318)1/27/1999 12:16:00 PM
From: Anaxagoras  Read Replies (2) of 8307
 
To all:

I've had a chance to start looking more carefully at the number.
I probably shouldn't post this now because it will get buried beneath all the Power Lunch stuff, but I'm looking at the numbers now, so....

A couple positive nuggets:
DSO's improved dramatically, even ridiculously. They now have about 5 as compared to last quarter's 10. IOW, they turned their accounts receivables 19 times , more than twice as many as last quarter and last year's comparable quarter.

Inventory management also improved with less of the stuff on hand. Days supply in inventory now stands at 37 vs. 40 last quarter and 68 last year. IOW, they are now turning their inventory 2.5 times a quarter vs. only 2.3 last quarter and just 1.3 last year. Well done. I was hoping for this.

Anaxagoras
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext