More compensation to come not yet counted as receivable because this compensation for previous claims has been conditioned to milestones to meet.
Yuri Lynk
Hi, good morning, guys. Dave maybe just give us your thoughts on when we might see the -- or what we should expect in terms of the cash impact of the $92 million write-downs taken in the quarter. You did have over $110 million of positive operating cash flow in the quarter. So what should we expect in terms of operating cash flow in the next couple of quarters? Thanks.
David Smales
Yes. So, in terms of the agreements we've reached as Jean-Louis referred two in Q2 and two in Q3, the positive outcome from those agreements is it deals with settling all the outstanding claims and compensation on a number of items where to some extent cost has already been incurred.
And so the compensation, we're now receiving is positive from a cash flow perspective. So, you saw some of that in Q3, with the $100 million improvement in working capital, in what is usually a seasonally -- a seasonal quarter that draws on working capital.
Some of that will also be in Q4, and some of it in the first half of 2024.
Based on the various agreements, there's some upfront payments and then some attached to milestones along the way.
But they effectively compensate the working capital that's built upon the balance sheet for a period of time, and will be cash flow positive over the next six to nine months.