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In some manufacturing industries and the textile industry, factoring is one of the financing vehicles of choice. You will typically find accounts receivable factoring through specialized companies, like FundThrough or AltLINE. Factoring companies may also specialize in certain geographies or industries, like construction or trucking. Factoring costs can vary significantly, so reach out to multiple…

On January 1, you have $100,000 worth of jewelry to sell, and on December 31 you have $80,000 worth of stock. The Days Sales in Inventory (DSI) value gives an estimation of the time required for a business to turn its inventory into sales. Generally, a low DSI is preferred because it denotes quick inventory…

Despite their limitations, financial statements are still valuable tools for analyzing a company’s financial situation. When interpreting the data, it is important to consider the limitations of the information and use other resources to supplement the analysis. Fourth, financial statements only provide limited information about a company’s competitive position. Financial statements are useful tools for…