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0.6¢ buddy technologies ltd

Ann: Investor Webinar - August, page-62

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bentas74

1,277 Posts.

161

12/08/18

19:43

Post #: 34885863
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Originally posted by drbgt40 ↑

I don't understand why everyone is getting their whatsits in a knot over the difference between Revenue and Receivables. every company has the same issue, you can't expect all the customers to pay on time every time. It is particularly difficult when you are dealing with major corporations, which is why many companies use short term borrowing (factoring) to cover their short term cash flow. I know because I did it all the time. The important number is Revenue. Revenue is what the company makes and the receivables will take care of themselves. All companies will have bad debts from time to time, but that is all part of doing business. I am confident that the management of Bud are more than able to deal with and plan for this.

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i can't work it out either ,

BUD Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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