YBR yellow brick road holdings limited

If you look at the Contract Assets - trailing commission, looks...

  1. 29 Posts.
    If you look at the Contract Assets - trailing commission, looks like it beefs up revenue by almost $8mil, this is on the non current asset, that means it's quite some time away. I reckon it's some kind of accounting rule to bring forward the revenue, i have seen this before in MOC and some real estate agencies with rental book. It's not actual cash revenue
 
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