RE:When does the Nobilis quarter actually end.......happyretirement wrote: Are revenues considered part of the previous quarter? May 10th the last day to officially file will show that Nobilis has made the right decisions this year and in the past.......Causation will not be a problem.
And Mr. Stanley let me also state that, when we do our revenues, you know, our cycle for collection is about 90 days. Our estimates over the years, we've been pretty close but still you need to collect as much of the revenue to get accurate numbers, and so that's why there are some adjustments that come in 30, 60 days later. That's the reason that we can't give you an exact number midway through January. There are still another good 45 days of collections to come in.
i hear you happy retirement. I will add that the post Q1 cash on hand balance will be eye popping !!! Nobilis has delivered the goods. Investors keep in mind that Nobilis revs are mostly derived from Q4 as clients insurance coverage is designed so the clients do most surgeries in Q4 so do not expect Q1 to equal or even come close to Q4 revs.