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To: squirrel who wrote (280)1/22/1998 9:58:00 PM
From: Mahesh  Respond to of 934
 
Squirrel,

<<"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.>>

You had it right all along and i thought it was just 90 or 120 days of payment terms.


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