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8horse

34,304 Posts.

8997

07/02/16

11:48

Post #: 16960688
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Originally posted by Rx7driftking ↑

Looking at the CZZ thread they increased their borrowing to fund for "more" inventory and stock. so no idea. they said the borrowing only gives them 3 extra months in advance. I think its a smart move considering Australian honey is heavily exported. someone quoted 43% of Australian honey was exported overseas.

So was it a smart move? i think so unless demand stops?

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For a trading company, increase of inventory actually is accounted as increase of sales.
Honey business, is not a good one, in my view.

Last edited by 8horse: 07/02/16
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