i think i have already explained the point here:
https://hotcopper.com.au/posts/61498059/single
https://hotcopper.com.au/posts/61499429/single
Basically no need to focus or be obsessed, whatever is applicable, on any separate indicators alone,
bad debt might be not a pleasant thing but it is an inevitable part of this business, instead just see the bloody whole picture!
The issue wiill be when they start losing customers, i will be the first in line to sell it for any price offered then... We are not nearly there though, at all, the revenue surges, so does gross profits or are at least comparable to the previous..
so not worried - answering your question...
(20min delay)