WCR Ratio for 2017 was 1.44. Certainly on the lower end, but definitely not dire. QA ratio is definitely a concern (roughly 0.96)
Proforma portrays a rosier picture imo. WCR= 2.25 which is more than good. QA ratio is 1.77. Correct me if I am mistaken, but this seems pretty healthy to me.
GLTA. DYOR.
IPO - Shekel Brainweight Ltd, page-5
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