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Bullboard - Stock Discussion Forum Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and... see more

TSX:NPK - Post Discussion

Verde Agritech Ltd > Try to post that news report. Hope I works
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Post by rodrabal on Mar 30, 2022 9:29pm

Try to post that news report. Hope I works

Comment by gossamer9 on Mar 30, 2022 10:51pm
This post has been removed in accordance with Community Policy
Comment by kidsactuator on Mar 31, 2022 2:38pm
Summary: They have a lot of receivables yet to get turned into cash, so their net income is much higher than free cash flow. This gives them a high accrual ratio which an academic said is bad.  It's pretty typical for farmers to pay after harvest. I'm sure the delinquency rate is pretty low so I don't think this really matters. Another example of how blindly applying academic ...more  
Comment by Benedictus on Apr 01, 2022 12:24am
  Good point! From the Q3 call, they confirmed 70% of receivables will be in treasury by end of Q1 and the delinquency/overdue rate was 0.5%.