SBB 0.00% 1.2¢ sunbridge group limited

HAHA the lying hack strikes again! Wrong again hmm what else am...

  1. 735 Posts.
    HAHA the lying hack strikes again!

    Wrong again hmm what else am I wrong about? Just curious to know.

    If you spend all of 25 seconds you can see that currently trade receivables between 30 and 90 days is at $8 million dollars. So although like any company SBB would love to receive cash on day 1. It can take quite a couple of weeks for a credit sale to translate from soley being recognized as a revenue to being turned into a cash receipt or a cash flow.

    The 70 stores OFFCOARSE deal with instant payments duh. But only 70 out of over 420 are company stores so the majority of sales still occur via credit terms.

    Now either way it does not matter if credit terms are 1 day or 500 days. The fact is that due to other variants such as stocking levels you CANNOT tell revenue from a cashflow statement because you dont know EXACT credit terms of everyone at that precise point in time AND you have no idea if the stores are over stocked, under stocked, over stocked last time and less orders this time or understocked last time and more orders this time.

    So at the end of the day you are wrong like usual and my original point about not being able to acertain revenue from a cash flow statement is 100% correct.
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