Submitted by VINBot on Tue, 2020-04-07 07:26
- If you look at the trade receivables to revenue, and the inventory to revenue, if those numbers are high growing, or high relative to peers, it’s usually an indicator of trouble.
- What you usually see is they’ll fabricate, or they’ll send an invoice out early and then the debtor days will go up.
- Stephen Clapham:
The amazing thing about that was HSBC has lent this guy £10 million and the loan wasn’t in the balance sheet.