DUR 0.49% $1.03 duratec limited

Greeting HC community,I'm a non-holder but currently looking...

  1. 231 Posts.
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    Greeting HC community,
    I'm a non-holder but currently looking into DUR and quite impressed.
    I'm just trying to understand their cashflow - specifically the last HY shows significantly lower operating cashflow than profit - despite high DA and low capex on property/equipment, due to at $13.4m increase in "contract assets" - as below.
    Can anyone kindly explain, with examples, what type of expenditure this entails?
    Thanks!
    SB

    https://hotcopper.com.au/data/attachments/6170/6170233-3e4ae91c06a4f4f9353ac4d36f1ca525.jpg
 
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