Costco is a fascinating business. You know all those groceries you buy? Yeah, they basically sell those at breakeven and then make all of their profit from the $60 annual membership fees.
It would be great if you could mention the valuation of costco, as well. It is basically too expensive
Price to Cash Flow Per Share of 29 is too high compared to industry. Is it because they collect cash in a few days?
I agree that this is a great post. So effortlessly and succinctly illustrates a concept which I was completely blind to.
Brilliant first post - cant wait for more to come. Really fascinating how fast they can turn inventory to cash
Nice write up! At the end you mention that suppliers pay the 2% cash back reward for the executive members - where did you find that info? Thanks!
It would be great if you could mention the valuation of costco, as well. It is basically too expensive
Price to Cash Flow Per Share of 29 is too high compared to industry. Is it because they collect cash in a few days?
I agree that this is a great post. So effortlessly and succinctly illustrates a concept which I was completely blind to.
Brilliant first post - cant wait for more to come. Really fascinating how fast they can turn inventory to cash
Nice write up! At the end you mention that suppliers pay the 2% cash back reward for the executive members - where did you find that info? Thanks!