URGENT: You Can Help Hurricane Florence Victims, Here's How...

Crosswalk.com aims to offer the most compelling biblically-based content to Christians on their walk with Jesus. Crosswalk.com is your online destination for all areas of Christian Living – faith, family, fun, and community. Each category is further divided into areas important to you and your Christian faith including Bible study, daily devotions, marriage, parenting, movie reviews, music, news, and more.

Intersection of Life and Faith

<< Integrity Moments with Rick Boxx

Integrity Moments - November 17, 2016

  • 2016 Nov 17


The Seventh Key to Financial Success – Turnover Ratios

Profit is important, but cash pays the bills. If your inventory, or monies owed to you, grow significantly, you can be profitable, but cash poor.

A past bank customer of mine was profitable, but had a cash flow crisis. By calculating how frequently his inventory was turning over, we discovered his inventory growth had consumed his cash.

Monitoring the frequency of inventory, receivables and payables turnover is necessary to be a good steward.

In Luke 12, Jesus talked about being a faithful and sensible steward. In verse 43 he said, “Blessed is that slave whom his master finds so doing when he comes.”

The Seventh Key to Financial Success referenced in my book, “Unconventional Business” is managing turnover ratios. It’s critical for good stewardship and for your cash flow.


Learn more about Rick Boxx and Integrity Resource Center


Follow Crosswalk.com