Have u actually done accounting 101? Expenses are booked at the...

Have u actually done accounting 101? Expenses are booked at the time of sale when it comes to inventory. You can purchase a load of inventory, which would cause your cash position to fall and you can't book the expense till it sells.

As for PE and stuff like that, well wait until a statement of financial performance to come out before a proper analysis is done. Considering this just IPOed... a PE of 40 - 60 isnt unheard of.