User Panel
User Panel
User Panel
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Posted: 12/29/2003 7:50:01 AM EDT
[#1]
The last two months have been a real learning experience, apparently you need to stock up on everything before the end of October because after that you'll be in trouble.
AR15fan, I can assure you it was just as aggravating on our end, I was so sick of telling people 'no, I don't have it...' it really left me feeling low when I had I keep telling folks that. I was starting to feel like it was only me there for a while until I started hearing about the same pains from other dealers. At least I do believe the economy is starting to recover so let's hope that will strengthen George W. Bush's re-election chances as well as the demise of the '94 AWB. |
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Posted: 12/29/2003 7:59:56 AM EDT
[#2]
Everybody runs their inventory down at year end for several reasons:
1. So that they have less work to do counting the remaining inventory, &, 2. So that management can show the shareholders that they don't have a lot of money tied up in inventory, &, 3. So that management can show shareholders that they are turning over inventory quickly, i.e., annual sales dollars divided by the year end inventory dollars = turns per year. This is just a function of # 2. Both are games that can be, and are, abused by management. |
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Posted: 12/29/2003 6:53:08 PM EDT
[#3]
The biggest reason that companies run their inventories down at the end of the year is that they have to pay taxes on it.
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