Amazon leveraged a negative cash conversion cycle to build a tremendously capital-intensive business. Seems that many are inspired by the latter and forget about the former.
Show this thread
-
This account owner limits who can view their Tweets. %{learnmore}
-
Suppliers provide goods on 120 days credit Amzn sells it to you & gets $ from credit card within 60d Amzn keeps tht cash for 60 - from "thin air" ie credit from suppliers Their suppliers take a 120+ day working capital loan from the bank => banks are financing Amzn at 0% :)
Credit card payments clear within 24 hours. Terms with suppliers are 60-90 days. But basically yes.
-
-
I meant they sell within 60d of getting it in their warehousd
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.