World Kinect Corp V.INT

Primary Symbol: WKC

Energy Oil & Gas Refining & Marketing

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.

NYSE:WKC - Post by User

World Kinect Corp

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Comment by Tgarfieldon Apr 15, 2016 12:56pm

73 Views

Post# 24771796

RE:RE:RE:RE:Yapper Financials out

It is under 'Results of operations'

"We did recognize $55,428 in revenue in the third quarter from DWF based on a payment received against the outstanding billings. "

If there was somehting else it would be Subsequent events. It was paid after the quarter but the revenue was recognised in it. If they thought the rest of the 800K was going to be paid it would have be recognised as revenue and put in the recevables column.

Under 'Revenues'

"We billed DWF $802,592 for the nine month period ended February 29, 2016, that has not been recorded as revenue in our financial statements"

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