RE:RE:RE:Revenue recognition adjustment The really good news that collection rates of AR are now very high.
Quarterly Reductions in AR means greater cash inflows.
Likewise, increases in AR means greater cash outflows.
This is more or less consistently seen when comparing past Blvd quarters for AR and cash changes.
There was a substantial decrease in AR from Q3 to Q4.
As expected, cash increased by $1.8 million in Q4/17.
Further gains in cash position is forecast by management for Q1/18.
How much of this can be attributable to lower operating costs or to revenue gains from the new IOP or to further reductions in AR is not yet known.