Hey retiredyoung, yes you're right there does appear to be a slight delay in costs flowing through to the 4C because of payment terms. Though this would really only impact the 3rd month of a quarter and possibly only 2-3 weeks. As long as growth is there this won't really be a recognisable issue I don't think though when growth slows this may show more visibly. I don't suspect this will happen too soon though.
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