Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
15 Dec 2025 Acquired 10 Years of Acquired (with Michael Lewis)
“I think on average it's 27, so some skews are selling in two days that they're turning.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 15 Dec 2025
- Publisher
- Acquired
Transcript context
…On average, it takes them 27 days to sell through their entire inventory, which means that's on net 30 terms, three days of grace, where the inventory is actually financed by the vendors and then some. I think on average it's 27, so some skews are selling in two days that they're turning. They're turning at 10 times a month. There's no working capital in this business other than building more Costcos.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.