RE:RE:On path of +ve EPS by 19Q4 or20Q1Item 4 in Financial Report is real concern.
The overdue invoices (90 days or more) stands at 224K at Q3 end vs. 116K at 2018 year end. Non recovery of debt may be worrisome and may delay company showing net profit.
up2005 wrote: That is a REAL VALID concern. I am a small business owner and had one account play me up. Made numerous small transactions and paid on time. Started to increase the order size and extend the payment terms only slightly. Then the other shoe dropped. They placed a larger order and "left town". It has crippled me, made problems with my suppliers and hurt my "good credit" all because I got played.
The numbers on the top line look good but if you get shanked it can close you down.