Receivables of $600mil is classified as a short term asset.
This is basically what they expect to receive as a fee from the cases they win. If the amount of WIP is incorrect, then the balance sheet will be incorrect.
Just to add to that, short term assets mean it is likely to come in the next 12 months, hence why i believe managements guidance.
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Last
$51.97 |
Change
-0.680(1.29%) |
Mkt cap ! $21.15B | |||
| Open | High | Low | Value | Volume |
| $52.27 | $53.48 | $51.19 | $25.30M | 488.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 800 | $51.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $52.00 | 583 | 1 |
View Market Depth
| Last trade - 16.14pm 03/07/2025 (20 minute delay) ? |
| SGH (ASX) Chart |