TSXV:EVE.H - Post by User
Post by
reallyBobbyZon May 03, 2021 12:03pm
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Post# 33114424
EVE sold $1,123,621 in Q4. Payables increased by $1,268,439.
EVE sold $1,123,621 in Q4. Payables increased by $1,268,439.EVE's payables increased by $1,268,439 in Q4 from Q3. That is more than EVE's entire sales in Q4.
Q4 payables of $1,819,540 less Q3 of $551,101 = $1,268,439.
When the payables increase higher than total sales = Train Wreck.