Originally Posted by
Doors To Manuel
[Quoting another] "Of course they both have many more days of liquidity than this, as this metric assumes zero revenue and full operating costs, but it is a good basis on which to compare the two companies".
I'm afraid that rather takes away from the logic of the argument, particularly for one with all the figures available. If I went to my bank manager and said "here's my cash flow projection, except I haven't put anything in for revenue, or for operating cost changes I've made", can you imagine what the reaction would be ...