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To: squirrel who wrote (254)1/22/1998 8:11:00 PM
From: squirrel  Read Replies (1) of 934
 
"Is there a logical explanation for the disproportionate rise in Receivables for the third quarter? It appears that every dollar of revenue from the 3rd quarter stayed in Receivables and that about half of the 2 quarter's sales were still outstanding."

A logical explanation might be that inventory is sitting on distributor's shelves rather than in the hands of end users.
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