Posted by Mike Stone in Idaho [71.39.211.42] on Friday, June 14, 2013 at 11:05:50 :
In Reply to: Inventory Tax posted by Rick [71.226.237.246] on Friday, June 14, 2013 at 09:39:04 :
not a factor in Auto Dealership Parts Inventory.
Parts Inventory represents the largest cash
investment of a dealer they are not financed
or "Floored like vehicle inventories"
when the parts are invoiced from the factory
the money is automatically withdrawn from
the dealership's bank account
a medium sized chrysler jeep dodge dealership
will have about 750K in parts inventory
the stock order programs are very complex
using weighted sales, frequency of review, lead times, & standard deviation tables