2 posts and columns on accounts payable

Voices

Amazon Shows Time Value of Money

in News on October 29, 2009 at 12:46 pm PT

Just how long can Amazon put off paying its bills? It’s no secret that Amazon’s financial success is partly based on its ability to take in money for selling merchandise before it has to pay suppliers for those goods. But lately Amazon has gone one better: steadily lengthening the time it takes to pay suppliers. That has been a factor behind the retailer’s soaring cash flow.

Apple: Steve Jobs Is Still Fine, and We Still Hate Netbooks

in Media on April 22, 2009 at 3:07 pm PT

Next to no news from the Apple earnings call this afternoon, which is just the way Apple execs like their earnings calls. Once again, the company provided no information about CEO Steve Jobs’s health except to note that he is still scheduled to come back to work in June. And the company continued to pooh-pooh the concept of netbooks–supercheap, supersmall laptops with very little horsepower that are the hottest part of the PC business right now.