There is still so much misunderstanding of the simple but critical relationship.
Revenue (profit and loss statement at HY & FY), Cash-flow (cashflow statement or 4C), and receivables (reported on balance sheet at HY & FY) are all linked, but separate things in their own right. Particularly when Cash is tight(ish), and the revenue growth curve is about to accelerate, it would be wise of all investors to put some more work into understanding these key numbers and relationships.
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