Australia's largest stock trading and investment forum Australia's #1 stock forum

APT

Click for more information

0.00%

$66.47 afterpay limited

how are you arriving at this 17million you keep referring too?

First 27 Last

Share
Profile

Follow
techinvestor17

1,014 Posts.

201

24/08/18

14:32

Post #: 35160731
Share

Originally posted by Yoda2503 ↑

Its called accrual accoumting? I dont get your point, are you suggesting that the business should report on a cash basis?

Their best guess of bad debts(for want of a better term so that laymen can understand) for that period is 32m of which 17m have already gone bad and 15m of the current debtors are excepted to go bad. This is obviously a best guess , it could be low or it could be high.

The point is, during the 2018 fy 28% of revenue is or is excepted to be bad debts

Expand

how are you arriving at this 17million you keep referring too?

APT Price at posting: $19.59 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 37 more messages in this thread...

First 27 Last

Add APT (ASX) to my watchlist