debtors question

loopy louloopy lou Feels At HomePosts: 41Registered
can anyone help with this

Year2003 Year 2002
Fixed asset 50000 50000
debtors 100000 50000
creditors 100000 75000
turnover 200000 200000


Question

Looking at the above comment on how this will affect you assessment of risk

Comments

  • RinskeRinske Font Of All Knowledge Posts: 2,453Registered
    It would jump up high on areas that have changed significantly.

    Your debtors have doubled in a year where urnover stays the same. That either means they changed all debtor credit terms or something is wrong!

    Creditors also increased but by 1/3 so I would flag them up too, although you're not asking for those.
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