It depends on the terms & conditions of the sales order & when the risk passes.
Most companies use F.O.B terms & conditions that means risk passes to the customer on boarding the transport ship/plane.
https://www.wwcf.com.au/shipping-terms/
If this is the case you don't have to wait until the customer receives the goods to recognise the Revenue.
Ann: Update on expected revenue for H1, page-66
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Last
21.0¢ |
Change
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Mkt cap ! $61.25M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 5 | 80261 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 21.0¢ | 7325 | 1 |
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| NXS (ASX) Chart |