I'll take it slowly for you as you do not appear to understand payment terms- link to Balance Sheet.
CEO said that Sales to CW are $1.7B annually. That is circa $140m per month. They buy say June, get July to pay. Therefore Sigma will have $280M in Debtors before they pay. If they have any extended Credit, that's another $140K. Wholesalers tend to not count the month in which the Sale is accrued. Then there is the Inventory they carry to support $170 pm sales- that will not longer be needed and will be allowed to run down. It will be at least $300M -
Ann: Trading Update, page-87
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 (20min delay)
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Last
$2.78 |
Change
0.080(2.96%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.93 | $2.74 | $37.80M | 13.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 167207 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 246261 | 9 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
