While I have to agree that operating margins might not be sustainable, the inventory build up seems business as normal to me. As a % of revenue, TIE had 182M of inventory or 50% of revenue in 2002, 166M in 2003 or 43% of revenue, 267M in 2004 or 53% of revenue, 366M in 2005 for 49% and 502M in 06 for 42% of revenue, very much in line with previous years
Will Movie Gallery Get a Second Chance? [View article]
Davis, your article brings great insight but if bondholders wanted to be shareholders don't you think a more likely scenario would be to push the company into Chapter 11 reorganization to erase the equity from current shareholders and keep it all to themselves?
Sort by:
Latest | Highest ratedTitanium Metals Is Going Down [View article]
Ultra Short ETFs Benefit From Volatile Market [View article]
Will Movie Gallery Get a Second Chance? [View article]