Why Nu Skin Enterprises, Inc.(NYSE:NUS) Must Come Clean on Troubling Inventory Red Flags
Co-authored by Sam E. Antar and Zachary Prensky via White Collar Fraud
This coming Wednesday morning, Utah based multi-level marketing company Nu Skin Enterprises (NYSE: NUS) is scheduled to report its second quarter earnings. In its Q1 2014 10-Q report issued in May, major questions were left unanswered as inventories ballooned to $410 million. This pile of inventory is equal to enough merchandise to fulfill 346 days of sales – compared to only 149 days of sales in the comparable first quarter of the previous fiscal year. It's...

