Ann: Media Release 30 June 2021 Results, page-7

  1. 937 Posts.
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    Just had a quick look at the Receivables numbers across the last 5 years:

    https://hotcopper.com.au/data/attachments/3491/3491153-52148c610c20eb4dd477c134f93bb807.jpg

    I would think that the 2020 year is the anomaly rather than there being too much concern about 2021.
    I'm starting to get a bit nerdy here but the average debtor days or the number of days before revenue debt becomes cash can be reflected roughly via the following table

    https://hotcopper.com.au/data/attachments/3491/3491250-4b14e26c51a61e5dd453683c1980ddeb.jpg

    In this table the average Debt is simply the start and end debt divided by 2 to achieve the average debt for a year which is then divided by the revenue for the same year and multiplied by 250 (the number of working days in a year) to get the outstanding period for the debt.

    All up I doubt there's anything to worry about here.

 
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