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"Accounts receivable and other current assets decreased 9.1% from $20,054,629 on December 31, 2008 to $18,238,341 as of March 31, 2009, primarily as a result of the significant reduction in net sales."
Yes, but sales are off 29%. Probably not a good sign for receivables to remain so high when sales are collapsing. Collection problems? Hard to say for sure. Rating :
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"SEMINOLE, Fla., April 23, 2009 (GLOBE NEWSWIRE) -- Sup...
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jeroldh8 |
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23-Apr-09 07:32 am | ||
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Re: Collapsing sales, earnings for new Q
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jeroldh8 | Not rated | 27-Apr-09 12:09 pm |
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