Hi All,
The 'Other Income' from the March 4C is due to 'non-recurring foreign exchange returns and likely some interest'
I also enquired about the terms and had the below response from the company:
'Our base is 30 day terms. Like all businesses we have early payers, those that pay on time and late payers.
In some cases for hospitals it might run out to the end of a payment cycle which might push these terms out to 45 to 50 days, BUT the overall policy within the Company is 30 days.'
My cash flow model is similarly for a health check more so than trying to predict the next quarter, I heeded Eire's advice when he said this was fraught with danger and should be left to the experts.
Hi All, The 'Other Income' from the March 4C is due to...
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