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Mr. K.
1 Comment
Where is Garmin Leading Us? [view article]
What stupid analysis! In most consumer goods and manufacturing companies, these sort of metrics where Growth is increasing QOQ and turns are up, this is absolutely great news.Look at the declining industries where turns are 1 or 2 per year. This number is telling us 6 turns per year which is closer to a well run company. When it used to be 2, that indicated slow moving inventory. They appear to be on the right track IMO.
Go short someone else's stock and leave the hard working people at GRMN to do their job. Apr 18 03:56 AM