GREY:SMDWF - Post by User
Post by
cheval57on Jun 09, 2015 8:30am
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Post# 23810078
Question to capitalgain
Question to capitalgainThis is a question to capitagain who seems to quite follow this company.
In every of his speech. George Fleming is mentioning that there is a fourteen days turnaround for a video production. Does that really mean that once a video is ordered it can be done and sent to the customer in 14 days?
Does not seem like it since the company had more than a 1 million dollar sales backlog at the end of december and an even greater one at the end of march 2015 and something like only 400,000$ in revenues at the end of march. I thought that with the fourteen days turnaround the revenues at the end of march should have been at least 1 million dollar (the sales backlog three months back) Revenues are recorded only when the video has been received by the client so I imagine most video in backlog at the end of december should be finished and sent by the end of march.
I have asked that question to the company but the answer that I got was not clear enough for me. They where talking of all kinds of situation that brings the delay from the beginning to the end of the process to an undeterninate time.
Your comment will be appreciated.