Accounts payable seems to be either $111K or $118K
Post# of 9122
Posted On: 12/04/2014 1:12:03 PM
Accounts payable seems to be either $111K or $118K for consecutive quarters going back to the first quarter of 2013. When does this "revenue" fall into the sales camp? Customer(s) taking a long time to pay? How do arrangements with distributors work? Does a company send them product, the distributor holds it and then upon sales, sends the funds at a future time to the mfr.?
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