AVR 3.21% $11.76 anteris technologies ltd

Customer Receipts These are orders for stock that haven't been...

  1. 527 Posts.
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    Customer Receipts

    These are orders for stock that haven't been paid for and are waiting for payment on a said date. So even if you have millions in customer receipts it doesn't turn into sales revenue until paid. So there could be a delay of 3 months in between transactions from customer receipts to sales revenue, depending on the agreement between parties. (Customers)
    And I believe that Q3 FY17 shows that customer receipts are climbing rapidly to 6.6M. Now with the ground force in place (reps), I believe that the customer receipts are about to explode. Now did you know that the customer receipts are monies owing to ADMEDUS on a set date so at this moment ADMEDUS has 6.6M owing to the sales revenue? That's nearly 10% of ADMEDUS'S value.
    This stock has already been manufactured, distributed and waiting for the set date for payment. Customer receipts give an indication of the growth, So, take a closer look.
    I hope this gives you a better understanding.

    Link to the chart:

    https://pbs.twimg.com/media/C-SuQ4hUIAAYCxk.jpg:large
 
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