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Jun 18, 2012 14:28
Later customer payments and slower moving inventory have combined to tie up private companies’ cash 16 percent longer than just three years ago, according to recent data from Sageworks Inc., a financial information company. That’s money companies don’t have in the bank to hire or buy new equipment, even though sales and profit margins this year are up. [More]
Jun 29, 2011 18:52
Sageworks Inc., the leader in the financial analysis of privately held companies, released data reporting a rise in inventory days, experienced by most major sectors in the United States. [More]