Cash Analysis: Wal-Mart, Lilly, Verizon Not Quite So Rich [View article]
Great article. Would you take into account favorable trade credit terms that Wal-Mart uses with suppliers as a substitute for cash. For example, much of Wal-Mart's supplies give the firm several months to pay for goods, Wal-Mart makes a sale, in cash or credit card, and holds onto the cash for a month or two before paying the supplies.
Cash Analysis: Wal-Mart, Lilly, Verizon Not Quite So Rich [View article]