4 annotations
Yes, I think there’s a, you got a few questions in there, but that’s okay.
I think as far as our cash and allocation of cash, it’s the same invest in the business where we can get the growth and the profit. M&A if that’s a possibility, which is rather remote during this period of time right now. And then the third is to do buybacks return cash to shareholders, which is we’ve been doing and we’ve been doing it with great consistency to give that comfort level.
As far as that goes, I don’t see a big change right now going out. Things that would concern me are if inflation continues to go and higher value inventory, obviously, that takes more cash to buy the inventory, until you can get settled through the system and get to receivable prices matching your inventory level.
So you might sell a part for $1 today, but then that part, I’m going to use an extreme example, might go to $1.50 next month and you’re still pulling your receivable then at a lower price that plays a little bit of havoc with your cash short term but certainly on your sales and profit you get it there.
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Transcript
2022 Q1
8 Aug 22
Our forecast suggests enterprise computing solutions profits grow year-over-year
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Transcript
2022 Q1
8 Aug 22
IT demand environment was healthy business mix was skewed towards software and services due to customer preferences
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Transcript
2022 Q1
8 Aug 22
demand for electronic components and associated design, engineering and supply chain services remained high
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Transcript
2022 Q1
8 Aug 22
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