Hi gm,
I think some major discounter chains are receiving up to 6 months terms over the normal 1 month term. This came from an article I read a little while ago, sorry can't provide links to that article. However I remember that article using an average order of $80000 per month per outlet, and the amount comes to about $70M +. So Sigma is essentially given out loans to those outlets, this could have created cash flow problems in the short term. And YES thats why they are doing great business with the discount chemist chains because they didn't have to pay Sigma in a hurry.
- Forums
- ASX - By Stock
- SIP
- in at $1.06
in at $1.06, page-48
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)