Executive Summary Fastenal is a distrisolelyor and manufacturer of industrial fastener products and has a nationwide distri moreoverion net with approximately 2000 local anesthetic agent stores. Fastenal is mainly located in North America besides has some international presence. Fastenals has seen relatively high outgrowth over the past hardly a(prenominal) years, for 2007 Fastenals growth ready was 14% . Fastenals crying(a) profit has grown a couple of percentage points amidst the years of 2006 an 2007 and continued into 2007. This realise profit growth was helped by the ability to contain the cost of goods sold and/or gaining higher(prenominal) margin on products The manufacture of Fastenal is mainly growth, the fiscal base is inventories and accounts receiv able-bodied. Both inventories and accounts receivable arse be negatively wedged by growth and specially with inventories. It is not surprising that inventories be a major pertain for Fastenal since their business model centers round the ability to have a large number of SKUs readily available for customers.
arsenal management can be challenging especially for a company like Fastenal but careful management of it discontinue alone reap many another(prenominal) rewards. Based on the financial records for 2007 and the plunk for quarter of 2008, Fastenal is swell up managed but with some path for improvement. Fastenals balance shred reveals that is has no long consideration debt all the same is able to finance growth in acquisition of property and equipment finished cash generated by operations. attached the current price of Fastenals Stock ($41/share) and the laboured position of its financial statements I would recommend a buy of Fastenals stock.If you wishing to seize a full essay, order it on our website:
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