Great stuff Wazz - Thanks for this was hoping to try and rec the...

Great stuff Wazz - Thanks for this was hoping to try and rec the numbers, but didn't have the time. This approach (assuming the rebates / adjustment multiplier is relatively fixed) represents a very useful lead indicator on sales!!

If i understand correctly - i think the difference you are seeing is between Gross and Net Sales. From memory , substantial rebating occurs (i have always struggled to understand this as the difference it quite large...). The rebates do have a larger positive impact in Q3 i think - as they do a true-up back and have traditionally tipped more into Q3 net sales - i think you can see this trend in the Q numbers historically.

Regards,

mita