Post by
bomb2020 on Jun 04, 2021 10:44am
cash burn -very complicated situation 2
Do you guys now that last few years because the cash situation bomb . was paying some/lots of supliers even later then 180 days after delivey .The industry standard is 90 days .They start to adress this situation .Another reason to burn more cash !!!
Comment by
Shamhorish on Jun 04, 2021 11:05am
bomb2020, good point, but are they realy paying suppliers as and when they should, or still 180 days or more with interest too no one know i guess but we are all here trusting management, so wait and see
Comment by
bomb2020 on Jun 04, 2021 11:17am
They do not pay interes to 99 % of supliers.