Brian Evans

Amazon Shows Time Value of Money

Martin Peers, Columnist, Heard on the Street, The Wall Street Journal 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.