Revenue and expense numbers are translated on day of sale/purchase.
If, for eg, the money is received 30 days later then it's listed as a non operating income 'foreign exchange difference'.
But it definitely helps cash flow. And vice versa purchases will impeded cash flow (in a falling AUD environment)
Therefore, the reported revenue number will be accurate.
Whereas balance sheet items, for eg, will be translated on balance date.
Hope this helps with the FOREX question
Revenue and expense numbers are translated on day of...
Add CAT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.41 |
Change
0.020(0.59%) |
Mkt cap ! $638.2M | |||
| Open | High | Low | Value | Volume |
| $3.41 | $3.51 | $3.37 | $1.385M | 401.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1699 | $3.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.42 | 1203 | 3 |
View Market Depth
| Last trade - 11.20am 25/11/2024 (20 minute delay) ? |
| CAT (ASX) Chart |
