AJX 5.00% 1.1¢ alexium international group limited

AJX Fundamentals thread, page-18

  1. 1,558 Posts.
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    I'm not 100% sure it can be argued that they "brought up" inventories in June, as Alexium was already holding $2 mil in inventory all the way from December 2016.

    At the time my thinking was that holding $2 mil in inventory didn't seem that out of the ordinary as it was consistent with their average monthly revenues as in whatever they built up a month prior was shipped out in the next month.

    That said, the possibility they've run this down in the September quarter isnt out of the question.
    Last edited by Keffola: 23/11/17
 
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