![](https://i.imgur.com/CLvY2jA.png")
28-06-2025, 02:57 PM
BYD just did a placenent to raise cash a few weeks ago.
Problem is govt law to improve the payment terms for suppliers ...they now have be paid after 60days instead of 180 days
To reduce its payable backlog BYD has to reduce production so the backlong does not grow further and it can sell more that it builds to restore balance
Actually i dont see any issue as the overall demand for BYD cars.is still rising and will be growing for next few yrs.
BYD js knly reducing its inventory to meet the new payment laws.
Problem is govt law to improve the payment terms for suppliers ...they now have be paid after 60days instead of 180 days
To reduce its payable backlog BYD has to reduce production so the backlong does not grow further and it can sell more that it builds to restore balance
Actually i dont see any issue as the overall demand for BYD cars.is still rising and will be growing for next few yrs.
BYD js knly reducing its inventory to meet the new payment laws.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
