Cash generation from what assets you have is key --- and either makes you average or a great company
How about this show how how great HLG is in generating cash ... compared to your WHS
For every $ of inventory HLG generates $7.67 of Gross Margin - WHS manages to make $2.92 Gross Margin for very $ of inventory
Huge difference eh - whose far superior in stock management .... awesome return on the investment in stock eh
Which business would you rather own rawz?
PS - Rod Duke seen as a doyen of retailing .... Briscoes Group manages to generate $3.45 of Gross Margin for every $ of inventory .... even he is a boy in returns on investment in stock.