Week 3: Forward Movement

This week went much better than last week; however, I failed to keep my production up to my desired standards. Due to work and various other things, I was barely able to keep production moving at a snails pace and completely failed to get a significant chunk of product to market after prices did manage to rebound.

All in all, a profitable week that I hope to expand on for next week, but we'll see how that goes as time continues to be precious.

Week	Inflow	Outflow	Actual Net	Expected Net
0	0	-77,836,602	-77,836,602	-77,836,602
1	29,389,995	-21,983,814	7,406,180	8,000,000
2	24,600,000	-39,243,550	-14,643,550	10,000,000
3	33,129,974	-5,490,829	27,639,145	45,000,000
4	45,000,000	-30,000,000	XXX	15,000,000
5	45,000,000	-30,000,000	XXX	15,000,000
TOTAL	87,119,969	-144,554,796	-57.434,827	XXX

I'm sitting on about $10M in sales inventory with another $25M in production ready to go for this week. Some corp members have begun moving into PI so my costs will turn into profits for them which is exciting. I hate seeing my hard-earned ISK vanish off into the market abyss. Hopefully the additional benefit will be improved supply stability for me so that I can push production up. My current production 'cap' is 100.8M worth of product/week but, as you can see in my forward estimates, I'm not even anticipating on hitting 50% of that. With just a few fixed cost additions, I can easily push that to 201.6M/week too. But there's no point in doing that if I don't have the supply to make it work.

Week 2: Bump-In-The-Road

Things got off to a good start last week, having a higher level of production than I anticipated with a higher sales price than projected. Of course, such good luck had to be followed by bad luck. The market price on my good has dropped significantly due to a seeming influx of product from someone willing to sell almost 20% below the average sales price from the last year. Thankfully, this seller has sold their entire supply so hopefully the price will pick back up. But until then, I'm sitting on $30M of product.
Of course, my inventory is awkward at the moment as I have an oversupply of about half of my goods, the right supply for about 1/3rd of my goods, and an under supply for the remainder.

Week	Inflow	Outflow	Actual Net	Expected Net
0	0	-77,836,602	-77,836,602	-77,836,602
1	29,389,995	-21,983,814	7,406,180	8,000,000
2	24,600,000	-39,243,550	-14,643,550	10,000,000
3	105,000,000	-60,000,000	XXX	45,000,000
4	75,000,000	-60,000,000	XXX	15,000,000
TOTAL	53,989,995	-139,063,967	-85.073,972	XXX

I'm expecting prices to recover this week and for my backlogged inventory to sell at my profitable price level. If not, I have enough liquidity to continue funding production and building inventory. My operation is still not large enough to have a significant impact on prices. My projections wouldn't be so far off if sales had happened. My inflows this week would have been ~55M for a net gain of +15M. We'll see how next week breaks.

Week 1: First Sales

I've just posted my projections for this week and logged on to find that my first set of units has already sold at a marginally higher price than I had initially priced out and I've got another small set up for sale. I've got a larger amount of ISK sitting in escrow than I'd prefer at around 30M. I set a number of my requests at a low point in the price cycle for my inputs and am sitting on quite a few orders hoping for the prices to drop back down to that level. As a result, I've spent quite a bit on purchasing goods at the current price to maintain day-to-day operations. Even so, I've sold a larger number of products in the first week than I anticipated at a higher-than-expected price bringing my inflow up enough so as to come out in the black in the first week.
Of course, my inventory is awkward at the moment as I have an oversupply of about half of my goods, the right supply for about 1/3rd of my goods, and an under supply for the remainder.

Info	Week	Inflow	Outflow	Net
Actual	0	0	-77,836,602	-77,836,602
Actual	1	29,389,995	-21,983,814	7,406,180
Projected	2	50,000,000	-40,000,000	10,000,000
Projected	3	75,000,000	-60,000,000	15,000,000

I vastly under-rated the speed that my production would get going, producing double the outputs in the first week than anticipated. I also vastly underestimated the speed at which I would need to replace my production supply. Due to these, I have accelerated my anticipated sales and cost growth rather significantly, resulting in a slightly less optimistic net profit projection than before. Prices on a couple of my under-supplied inputs are trending upwards rather significantly and I'm hoping to get some corporation partners to produce them and sell them to me at a price in-between the current purchase and sales offers. Such a deal would provide me with a marginally higher profit of as much as 1% per unit.

With my next post I'll be extending the table somewhat to compare actual performance against expected performance. In the meantime, you'll have to do the comparison yourself if you're interested in that kind of thing.