Yes, it would convert to more than $19,000,000 but it would only increase by the operating margin, not the GP. (Just being pernickety, lol)
But I was just trying get him to understand the concept of halting purchases while still running the packing plant would cause inventory to decline and cash to rise, I was having enough trouble getting that point across without also trying to explain that capilano actually make a profit on their packing margin.
CZZ Price at posting:
$15.08 Sentiment: Hold Disclosure: Held
