CXM 5.00% 3.8¢ centrex limited

Cash receipts in the quarterly are not the same as revenue. Cash...

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    Cash receipts in the quarterly are not the same as revenue. Cash received lags the revenue recorded by the company when production is ramping up as costs are reflected immediately, while revenue comes in when higher production is sold (with a lag). It is a bullish report as we are already cash positive. We just do not know yet how bullish in revenue terms. The half yearly will give a clearer idea as it will indicate the extent of higher inventory, on which costs have been incurred, but on which we have yet to receive the revenue.
    Last edited by edshann: 15/01/24
 
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