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5.00% 1.1¢ alexium international group limited

For trade debtors vs creditors, just by eyeballing the numbers,...

  1. Keffola
    1,558 Posts.
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    30/08/19
    12:47
    Post #: 40242176
    For trade debtors vs creditors, just by eyeballing the numbers, we're owing our suppliers $1.5 million versus only expecting receipts of $900k from our customers while earning a margin on what our suppliers charge us?

    Now this can be explained by increasing sales and that we need to put in the order to our suppliers first before even making the sale but I'm not sure that explains all the difference away.
    AJX Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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