D-Box Technologies Inc T.DBO

Alternate Symbol(s): DBOXF

Technology Consumer Electronics

D-BOX Technologies Inc. is engaged in the business of designing, manufacturing and commercializing cutting-edge haptic motion systems. The Company produces motion effects specifically programmed for each visual content, which are sent to a motion system integrated into either a platform, a seat or any other product. The Company’s products include a movie theater, home entertainment, sim racing, gaming, simulation and training and attractions and theme parks. The Company focuses on approximately two markets, such as the entertainment market, and the simulation and training markets. With its motion experience being offered in more than 720 auditorium screens in over 40 countries.

TSX:DBO - Post by User

D-Box Technologies Inc > Accounts Receivable as of March 31, 2020

<< Previous

Bullboard Posts

Next >>

Comment by silentreaderon Jul 10, 2020 10:51am

77 Views

Post# 31251301

RE:RE:Accounts Receivable as of March 31, 2020

Yes ARs are pretty much the same as in 2019 despite a significant increase in the "provision for expected credit losses" which stood at 332K$ in 2020 vs 74K$ in 2019. This makes sense with Covid and is a prudent move. So good news on the AR front.

In addition, payables are also down significantly - 4,730K$ as of march 31st 2020 compared with 6,608K$ in 2019. Also good news on the payables front.

This means they werre expecting net positive cash inflow of 1,700K$ in Q1/Q2 2021, assuming their assumptions hold, which will add to their 4,100K$ cash position as of March 2020.