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Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?


To: R F Phillips who wrote (1932)1/15/1998 9:36:00 PM
From: j rector  Read Replies (1) | Respond to of 7111
 
>>It doesn't appear that there is much chance of
Radica having to take back any 97 inventory.

David, pardon me for being a little naive, but could
you explain how inventory is taken back. It is my
understanding that once the product is 'out-the-door'
either from the factory or from the distribution locations
within the US, that the revenues are booked and the inventory
is correspondingly reduced. What are the typical provisions
for returned product? I seem to remember about 2.3MM of such
product returned last year. How long after it is returned is
it added to inventory, and what are typical buyback provisions?