Will Some Solar Companies Face a Cash Crunch? [View article]
To Envoy Global,
As you said " Are the companies just shipping tons of product without actually receiving the cash? When are they getting paid? How will they continue to finance the cash drain that occurs because of prepayment to suppliers and longer credit cycles to customers?"
Do you have any evidence that they are not getting paid from their sales? They would go under if the market demand starts to shrink and overspply occurs. But I don't see that is happening yet. You said the market is oversupplied right now, how is that so?
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To Envoy Global,
Jul 02 13:22 pm
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All Comments by ac_48 »Will Some Solar Companies Face a Cash Crunch? [View article]
As you said " Are the companies just shipping tons of product without actually receiving the cash? When are they getting paid? How will they continue to finance the cash drain that occurs because of prepayment to suppliers and longer credit cycles to customers?"
Do you have any evidence that they are not getting paid from their sales? They would go under if the market demand starts to shrink and overspply occurs. But I don't see that is happening yet. You said the market is oversupplied right now, how is that so?