Dimas

AeroGrow International: A Lesson in Analyzing Financial Statements

The article is smart enough, but it's very much generalized. Everything is "by the book" and true for the mature company, but don't forget that AERO is a start up company and the rates of growth are amazing and there was hot season (Christmas) ahead. And top managers were right expanding inventory as Aero products recently were top sellers @ amazon.com for example.

The next quarter (or a couple) will show who's right ;)