Comments on: Bender Trust-The Aftermath http://www.rohailrizvi.com/bender-trust-the-aftermath.htm Rohail Rizvi | Rogue Affiliate | Entrepreneur Tue, 07 Feb 2012 07:59:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: RohailR http://www.rohailrizvi.com/bender-trust-the-aftermath.htm#comment-30 RohailR Wed, 26 Apr 2006 04:39:50 +0000 http://www.rohailrizvi.com/?p=18#comment-30 I tried googling Greg Francfort but all I found was a mention of him on Bloomberg.com: http://quote.bloomberg.com/apps/news?pid=10000006&sid=aif6dn_V4rDc&refer=home Apparently, he manages more than $1 Billion at Neuberger Berman Inc. in New York. He also teaches at Columbia University from what I hear. I tried googling Greg Francfort but all I found was a mention of him on Bloomberg.com: http://quote.bloomberg.com/apps/news?pid=10000006&sid=aif6dn_V4rDc&refer=home

Apparently, he manages more than $1 Billion at Neuberger Berman Inc. in New York. He also teaches at Columbia University from what I hear.

]]> By: Alex http://www.rohailrizvi.com/bender-trust-the-aftermath.htm#comment-29 Alex Wed, 26 Apr 2006 04:23:59 +0000 http://www.rohailrizvi.com/?p=18#comment-29 Yea thats teaches that you can't simply go by the numbers on the financial statements you actually have to know how and why they got there, I had no idea they acquired another company. Does Mr.Francfort have a website we can check out? Yea thats teaches that you can’t simply go by the numbers on the financial statements you actually have to know how and why they got there, I had no idea they acquired another company. Does Mr.Francfort have a website we can check out?

]]> By: RohailR http://www.rohailrizvi.com/bender-trust-the-aftermath.htm#comment-28 RohailR Wed, 26 Apr 2006 03:59:48 +0000 http://www.rohailrizvi.com/?p=18#comment-28 Ah I see. Thanks for clearing that up. Also, Mr. Francfort, the gentleman we presented our report to thought that the 44.9% increase in accounts receivables was "no big deal" as it was mainly the A/R inherited by way of their acquisition of a company called Alkar Holdings. In addition, he thought the fact that Accounts Payables was up 55.9% or so was a good thing because Middleby is basically getting a "free loan," which makes sense. So I thought that was interesting. I definitely learned a lot tonight. Ah I see. Thanks for clearing that up. Also, Mr. Francfort, the gentleman we presented our report to thought that the 44.9% increase in accounts receivables was “no big deal” as it was mainly the A/R inherited by way of their acquisition of a company called Alkar Holdings. In addition, he thought the fact that Accounts Payables was up 55.9% or so was a good thing because Middleby is basically getting a “free loan,” which makes sense. So I thought that was interesting. I definitely learned a lot tonight.

]]> By: Alex http://www.rohailrizvi.com/bender-trust-the-aftermath.htm#comment-27 Alex Wed, 26 Apr 2006 03:51:02 +0000 http://www.rohailrizvi.com/?p=18#comment-27 Rohail, Good to read your presentation went well. I am considering being an analyst as well. Anyway, to answer your other question the receivables turnover is calculated by taking Net Sales Rev./Average net receivables = X. Then you divide 365 by X. This tells you how many days it takes the company to collect on accounts, which I believe was 90 something for MIDD. Rohail,

Good to read your presentation went well. I am considering being an analyst as well. Anyway, to answer your other question the receivables turnover is calculated by taking Net Sales Rev./Average net receivables = X. Then you divide 365 by X. This tells you how many days it takes the company to collect on accounts, which I believe was 90 something for MIDD.

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