Ann: Half Year Report to Shareholders, page-9

If my business held a third of its turnover in receivables, I would be asking some serious questions. Looks like Capilano is being screwd by its customers. That suggests at least 120 days being with held. Maybe I am naive but what happened to 30 days net?

@chinaplate

I think you are mistakenly looking at just 6 months' turnover in arriving at your assessment.