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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Bill Harmond who wrote (8669)3/22/1998 9:09:00 PM
From: pack  Read Replies (1) of 27307
 
Just noticed that YHOO's accounts payable has gone up 20% faster
than sales. Also accounts receivable is going up faster than sales
as well. Does this mean they are having trouble collecting their
money and paying their bills? Of course one explanation is that they
are just a fast growing company. Still, it is disturbing that they
had 11 million that was uncollected on revenue of just 25 million
for the Dec 97 quarter.
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