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I'm talking about cash receipts from customers.

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01/10/15

12:33

Post #: 16097076
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Originally posted by MarkieMills ↑

There should be no such lag for revenue: From the prelim report - revenue recognition

Rendering of services
Revenue from a contract to provide services is recognised by reference to the stage of completion of the contract or on a time and materials basis depending upon the nature of the contract.
Support and maintenance revenue is recognised on a straight-line basis over the period of contract.
In multiple element arrangements where goods and services are sold as a bundled product, the fair value of the services component is recognised as revenue over the period during which the service is performed.

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I'm talking about cash receipts from customers.

1PG Price at posting: $4.68 Sentiment: Buy Disclosure: Held
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I'm talking about cash receipts from customers.

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