From the Canaccord presentation the accounts receivable is 98% current and collected within 30 days.
The trade and accounts receivable balance at 30th June 2016 is US$1,326,869. So this has to relate to June sales paid by end of July.
We know that unit sales in July and August are 2,200,000 x$1.50 minimum = US$3,000,000
July will be paid by end of August and August paid by end of September.
So total cash receipts for the September quarter has to be $1,326,869 + $3,000,000 = US$4,326,869 approx.
At $1.70 unit cash receipts will about US$5 million
September sales will be paid in October.
I would expect/hope September, October and November sales to be significantly higher.
If Walmart put some large orders in for Yowie books which Yowie were hoping to launch in time for Halloween that would be some nice revenues on top of the chocolates.
Actually just thinking we have never mentioned potential revenues from Yowie books!
I remember from the 2015 AGM notes someone mentioned that Walmart and HEB want Yowie to launch the books. Someone also mentioned books are high margin!!!
Not too sure if books will be exclusive to Walmart only or not?? Anybody heard anything?
If Walmart have 4300 stores they would probably order 50-100 books per store initially at a guess.
Wholesale price maybe 2 to 3 dollars each at another guess.
So order could be for US$500,000 to US$1,000,000??? Just for Walmart.
Any thoughts???
Nice to see the price up!!!
Oh only about 2 months to the AGM.
So I would expect/hope for some news before the AGM to get the price up!!!
YOW Price at posting:
74.5¢ Sentiment: Buy Disclosure: Held
