Posted 1/25/2020 17:23 (#7999687 - in reply to #7999517) Subject: RE: preliminary 2019 financial results
n. Illinois
we compare working capital to gross sales, An operation that gross's 10 million needs more working capital than an operation that gross's 1.2 million. Industry standards to strive for is 25% of you gross sales should be in working capital. IE 2 million gross sales = minimum working capital goal of 500,000. Its something to strive for.