I was surprised to see debtor ledges being spoken about here too. But how can there be debtors as customers who owe money to KTD to pay for things like dairy milk? This doesn't make sense to me.
Debtors is the same as Trade Receivables, i.e. money owed to KTD for finished goods sold to customers. This explains (in part) why revenue > cash receipts.
Oh and the marketing for KTD's proprietary has eventuated a month ago. I remember seeing billboards and large digital on-screen displays at Woolworths relating to SuperCubes.
Adv. & Marketing spend in 4C was 0.167m. In the CR presentation KTD said they would spend 2.5m of CR proceeds on proprietary marketing.
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