Industry analyst, said: consumer goods industry is a relatively high cash flow requirements, once the number of dealer credit is too large or too long, the Five fingers Bikila international production, the operation will adversely affect the question now is the 5finger international receivables The section is increasing every year. Zhu Qing Hua : dealer sales model is the advantage of 5finger, can effectively improve the enterprise funds flow through the cash settlement, however, allow credit, in fact, the original advantage of a waiver, 5finger. "
The amount of increase for this year and last year's accounts receivable, Vibram Five fingers KSO to explain : In order to help dealers more money into the market, accelerate the sales of our products, reduce inventory, so appropriate to relax the back section of the dealer. But this also shows that 5finger is still through the expansion of the credit scale to enhance the main income. This will obviously increase the financial risk of bad debts.
Market participants said : dealer sales model is compared with the Direct mode, the operating margin is relatively low. In addition, the main dealer mode, will inevitably lead vibram 5 finger shoes enough to control the intensity of the end retail shops, so to speed up the promotion of outlets is the 5finger next step needs to be done. "
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