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OCZ Technology Group AŞ Message Board

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  • greg_m_thornton greg_m_thornton Aug 23, 2012 3:06 PM Flag

    Once OCZ runs out of cash, then what?

    One of the biggest if not the biggest concern with OCZ was the depletion of cash during Q2. The outstanding cash balance dropped $50M to end the quarter at only $43M.

    While a portion of that reduction went to the operating loss, a total of $42M went to increased Accounts Receivable and Inventory levels plus a reduction in Accounts Payable.