SRY 0.00% 0.4¢ story-i limited

Further to the $7.5 million of receivables, it actually makes no...

  1. 1,251 Posts.
    lightbulb Created with Sketch. 19
    Further to the $7.5 million of receivables, it actually makes no sense to me that these are so high. Perhaps I misunderstand the business model but retailers generally have low receivables and negative working capital because customers pay when they buy. For example, if you look at JBH you will see that receivables are much lower than payables.
 
watchlist Created with Sketch. Add SRY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.