BRN 4.65% 22.5¢ brainchip holdings ltd

Cash receipts for the following quarter may or may not have...

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    Cash receipts for the following quarter may or may not have included in the cash receipts. If it gets included, then the cash receipts for that quarter should be included plus trade receivables paid off to BRN. Then, if more revenue kicks in by trade receivables (not by cash) in the quarter, this will get added into trade receivables. Trade receivables will become larger but we don’t know which payment terms that due on the same quarter and which ones due in the following quarters. So, what we see is the lump sum amount of the revenue that hasn’t been paid off to BRN in the trade receivables. Over time trade receivables must be paid off. Otherwise, that will become bad debt. Each trade receivables will have different payment terms. So, the amount in the trade receivables will not always going to be cash receipted in the next quarter. It could take longer depending on the business agreement. Dyor.
 
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