Free Cash Conversion Cycle Training Video

Free Cash Conversion Cycle Training Video

Other than some minor editing below for clarity, this is the transcript from the beginning of the cash conversion cycle training video which is further below.

Now we’re going to talk about the cash conversion cycle…

Again, this is something we’ve talked about already a little bit and why it’s so important but we’ll continue talking about this here on a preliminary basis.

The first thing I noticed here is the huge massive jump in this number since 2007 from 216 days to 600.3 days in the trailing twelve months or a rise of 64% in that time.

That is scary…

I make notes of everything I do so I don’t have to rely on my memory in the past or in the future when I’m doing my analysis.

I don’t want to rely on any guessing I want to rely on hard facts and what I was thinking as I was researching the company.

We’ve already talked about this a little bit but it such an important concept I’m going to continue going over it again and again.

Hopefully, everything begins to make more sense the more we talk about it and the more you learn about it in future training as well.

This number is one of the most important numbers I look at on preliminary basis like we talked about the other day.

Why?

Because with this one number I can tell the company is having a hard time selling its products.

This means it’s taking a long time for them to get paid by customers.

This leads to having a hard time paying suppliers and that their inventory may be overvalued and need to be written down or off at some point.

And this all could affect the company’s balance sheet strength and valuation down the road.

None of these are good.

I can tell this from comparing the first number of days in 2007 to the second number of days in the trailing twelve month period.

In most cases, I go back 5 years but this one is such a huge jump – almost triple – I went back 10 years.

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You can watch the full video below…

Or if you’d like to learn more about the Cash Conversion Cycle go to the prior link.

P.S.  If you’d like to get one on one training like this yourself go to the following link before all 10 full-time spaces are filled – Value Investing Journey Coaching, Training, and Mentorship Programs.

P.P.S  If you want to get all content like this as it releases, five free gifts, and exclusive content make sure to subscribe to Value Investing Journey for free here.

Launch Of The Value Investment Coaching Program

Launch Of The Value Investment Coaching Program

I’ve thought about this program for years, have mentored and taught dozens of people over the last several years – thousands if you count those who’ve read How To Value Invest – but have not had time to officially launch a coaching program until now…

Today I’m writing you to announce the launch of the Rivera Holdings LLC. and Value Investing Journey – Value Investment Coaching Program.  While just the beginning – this is the culmination of years of thought and planning.

We’ll continue making improvements as we continue on this journey together, but I’m ecstatic today to announce the official release of this program.

There is some brief info about the program below.  But to see full information and sign up for any of the programs go to the following page – Value Investment Coaching Program.

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Value Investment Coaching Program

So you’re interested in becoming a better value investor so you can manage your own investments or further your career.  But you’re stuck, not progressing, and beginning to get frustrated and don’t know what your next step should be…

I’ve been there…

Spending several hours, days, or months in this state is not only destructive to your progress but also your psyche.

If you stay in this state for too long the frustration will become too great and you’re likely to give up on becoming an excellent value investor.

What do the greats do when they’re stuck and want to go to the next level?

They work with a coach, find a mentor, and train.

Even the great Michael Jordan as illustrated by the quote below admits that without his coach Phil Jackson he wouldn’t have ended up as great of a player as he did.

So Why Don’t You Have A Coach or Mentor?

If the greatest athletes in the world have coaches and mentors, and increasingly the titans of business do as well, why don’t you have or think you need a coach?

If you’re looking for a mentor or coach to help point you in the right direction in business and life and help get you to the next level why haven’t you reached out to them?

Maybe you’re like me when I started and feel you don’t have the connections, network, or resources to reach out to someone like this.

When I began learning about value investing I couldn’t go to college or get a “normal” job due to severe health issues.

And none of my family, friends, or connections had any knowledge about value investing so I had to learn everything myself.

This led to years of anger, frustration, and lost time that I can never have back.

But I can now help you avoid that same fate…

I’m writing this message today to announce the opening of the Rivera Holdings LLC. and Value Investing Journey – Value Investment Coaching Program