Aug. 3 at 12:08 AM
$SMCI When a supplier has to choose between 2 main companies,
$DELL for instance and
$SMCI. They dont just look at revenue, they look at their ability to pay.
DELL has multiple segements it needs to allocate cash to, so realistically their ISG segment has less cash than SMCI, DELL only has
$11B cash, SMCI now has
$7-8B to focus on their version of DELLs ISG segment.
DELL has massive payables around
$45B and their receivables are only
$34B they paid nothing off last quarter only increased it massively.
Who do you think a supplier would choose if it has allocation that needs to go somewhere, a highly leveraged company or one with a clean balance sheet?
