TSX:SOT.DB - Post by User
Comment by
Northforce13on Jul 28, 2024 12:09pm
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Post# 36151711
RE:RE:RE:RE:BOOM BREAKING NEWS SLAM ADMITS WOES
RE:RE:RE:RE:BOOM BREAKING NEWS SLAM ADMITS WOES "One of the big red flags to me was that the last quarter financials showed payables were $40 million higher than receivables "
Tenants pay rent immediately (so not much A/R) and many;most vendors = 30 days to pay. RE companies are different from other industries in this regard.