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Riordan Balance Sheet
Essay specific features
Written by:
Alma S
Date added:
May 16, 2013
Level:
College
Grade:
B
No of pages / words:
1 / 170
Was viewed:
1874 times
Rating of current essay:
Essay content:
Riordan also exhibits possible concerns with its accounts receivables and inventory levels. The company has a receivable turn of 8.67, meaning that it takes and average of 42 days for its customer to pay on its bills. While this falls slightly higher than the industry average of 7.2, it falls far short of the industry leader with a turn rate of 13...
displayed 300 characters
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Riordan also exhibits possible concerns with its accounts receivables and inventory levels. The company has a receivable turn of 8.67, meaning that it takes and average of 42 days for its customer to pay on its bills. While this falls slightly higher than the industry average of 7.2, it falls far short of the industry leader with a turn rate of 13...
displayed 300 characters
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