CEO BRIEF · ONE PAGE
Reigate Precision Works
April 2026 · Manufacturing
Composed from the reviewed close. Same facts as the management report — one page.
What happened
- Finished-goods inventory days rose to 84 from 79 — the delayed Reigate assembly run pushed $186K of completed units into inventory ahead of the June ship date. Raw-materials and WIP held flat, so this is a finished-goods timing build, not a demand miss.
- Steel input cost ran 4% above the Q1 plan in April — the Hadley-mill surcharge hit two POs. The worker scored it a one-month spike; the supervisor saw a trend forming across the March-April POs, so it routed to your inbox to decide whether to reprice the standard cost.
- Gross margin held at 38.0% vs the 36.5% Q1 plan — the new CNC cell cut machine-hours per part on the high-runner line, lowering direct labor in COGS despite the steel surcharge.
The numbers
Cash status
Cash-positive
Revenue
$910,000
+$22,000 · +2.5% vs plan
Monthly outflow
$832,000
+$18,000 · +2.2% vs plan
Gross margin
38.0%
DSO / DPO (days)
51 / 41
What to expect
Cash $604,000 today → $390,760 in week 13; the lowest point is $295,043 in week 6. No cash-floor breach inside the horizon.
What needs your decision
· Finished-goods inventory days rose to 84 from 79 — the delayed Reigate assembly run pushed $186K of completed units into inventory ahead of the June ship date. Raw-materials and WIP held flat, so this is a finished-goods timing build, not a demand miss. — You · 05 Jun