debtors question
loopy lou
Registered Posts: 41 Regular contributor ⭐
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
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
0
Comments
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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.0