The third cause of poor cashflow – Your stock turn

The third cause of poor cashflow – Your stock turn

Apr 19, 2021 | Blog, Cashflow

Carrying stock for too long means full shelves but an empty bank account. Similarly, if you’re a service provider and are taking forever to bill for your services, consider that work in progress as a form of virtual stock. You can calculate your ‘stock turn’ by taking...
Increasing your stock turn in a slow-moving economy

Increasing your stock turn in a slow-moving economy

Sep 22, 2020 | Blog

If you sell stock or inventory, it’s essential you understand stock turn and how to increase it. Obsolete, or ‘dead’ stock will harm your cashflow and your ability to increase profit, particularly in a slower-moving economy. The longer stock takes to sell, the longer...
Critical numbers – Your stock turn

Critical numbers – Your stock turn

Feb 11, 2020 | Blog

If you sell stock or inventory, it’s essential you understand stock turn and how to increase it. Slow-moving, obsolete, or ‘dead’ stock will seriously reduce both your cashflow and your ability to increase your profit. The longer stock takes to sell, the longer you...