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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Jay Ray who wrote (6014)11/10/1998 8:56:00 AM
From: Shane Miller  Read Replies (1) | Respond to of 7247
 
CPU Comment:
"Merchandise inventories 776,992 520,762"

CPU's Merchandise Inventory really climbed (by percentage) over the last 13 months.

Really depends on why they have such a high inventory, but could mean one of two things.
1) Sales are NOT that brisk, causing an inventory backup. Old inventory tends to become write offs quickly.

2) Sales are picking up and the inventory is needed to keep pace with sales.

Any idea which is correct, or is there a third option?

Shane