That puts receivables at probably around $2million.
$4.5m invoiced sales in calendar 2017 less cash received throughout the year ($800Dec Q+800 SeptQ+400June Q calendar trading).
Another way to look at it...
Invoiced sales as at June 2017 were $1.7m and now are up to $4.5m
Ann: Nuheara Achieves Record Sales and Sales Growth, page-14
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