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That's a benefit of working with the government, too - the payments are predictable. Also, the 60 to 90 day payments are typical for companies that like to kee
by USNetizen 13y ago
That's a benefit of working with the government, too - the payments are predictable.
Also, the 60 to 90 day payments are typical for companies that like to keep things "lean" ... they want to generate revenue before they pay. Dell was known for this with their hardware purchasing - they would maintain a negative cash conversion cycle because they could sell a computer before its components were even paid for.