Hi folks! I've pulled these numbers in the table below from the last 5 4C quarterlies.
Each quarter is showing a gap of several millions between stated revenue and cash received, for FY19 the total gap was $11m. I would have expected if someone was paying late there would ahve been at least one "big" cash receipt quarter for the catch up, but not seeing any catch up.
Thoughts?
FY20-Q1 underperformed FY19-Q4 both on revenue but most importantly cash basis, and FY20-Q1 was supposed to have had chemist warehouse money flowing through so it should have looked much better than the previous quarter..
(20min delay)