BFC
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0.00% 0.3¢ beston global food company limited

Current assets (receivables and inventory) expected to convert...

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  1. roscoeb
    304 Posts.
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    01/09/16
    08:06
    Post #: 18844071
    Current assets (receivables and inventory) expected to convert to cash is 12months.
    Current liabilities (creditors, tax payable) are debts to be paid within 12months.
    A company this size will always use accrual accounting recognising a sale on delivery to customer (payment to be received from customer sits in trade receivables)
    BFC Price at posting: 43.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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