Look at the cash they've gobbled! In effing credible! (but called by moi, nonetheless):
Westell Technologies, Inc. Consolidated Financial Results (continued) (Dollars in thousands except per share amounts)
September 30, March 31, 2000 2000 (000's) (unaudited)
Cash and Short term Investments 8,391 29,209 Receivables 77,636 42,025 Inventory 90,540 30,741 Goodwill 159,287 175,482 Total current assets 192,628 117,025 Total current liabilities 128,477 52,690 Shareholders' Equity 277,837 279,663
Days Sales Outstanding 66 67(A)
Footnotes:
(A) Days sales outstanding calculation for March 31, 2000 was adjusted to normalize the impact of the Teltrend acquisition. The adjustment excludes Teltrend revenue in March subsequent to the merger and Teltrend trade receivables as of March 31, 2000. |