Don't be afraid to liquidate inventories

09/16/2009 | CFO.com

Genco Marketplace survived the recession helping liquidate third-party inventories, but the company is now adapting to the market by taking on its own inventory. "I think CFOs are reluctant to take write-downs from inventories and take a loss to liquidate, but they can turn that inventory into cash," Genco CFO Bill Morrison advises.

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