Gross margin is well known, calculable from the AR or HY report and has been consistent at just over 20% for a few years now. No assumptions needed. Given DSO of ~ 60 days, you can use production costs of this Q to estimate cash receipts (not revenue) of next Q. And it looks to be lower cash receipts next Q than the past Q.
Per the Notes to Accounts revenue recognition is on shipping and not receipt (which most people would equate to delivery). It makes a big difference when billing for Chinese revenue.
HLF Price at posting:
2.8¢ Sentiment: None Disclosure: Held
(20min delay)