A finished study on a fictitious company, published so you can read one before uploading anything.
Atlantis Semiconductor Ltd
CompletedHigh
FY2024
Receivable days lengthen after the distributor change
Days sales outstanding lengthened by fifteen days in the year the group changed distributor, and the balance grew faster than revenue. The filing states the cause; the reading is that cash is following the reported sale more slowly.
“Trade receivables stood at 1,102 million at the year end and days sales outstanding lengthened to 96 days from 81 days after the change of distributor in the third quarter.”
Indicators: Days Sales Outstanding
Document reviewRevenue recognition policyconfidence high
High
FY2023, FY2024
Contract costs moved between operating and investing, comparatives re-presented
Contract acquisition costs were reclassified from operating to investing cash flows and the prior year was re-presented. Reported operating cash improves by the amount moved, with no change to the result or to equity.
“The comparative figures for 2023 have been restated to reclassify contract acquisition costs from operating to investing cash flows.”
Line items: Operating Cash FlowNet Cash from Investing
Restatement comparisonCash flow classificationconfidence moderate
Showing 2 of 12 · a finding rests on figures this study published, a quoted passage, or bothTypologies: Provision or reserve judgement · Cash flow classification · Cash quality · Company-defined measure · Cost capitalisation policy · Governance · Margin quality · Revenue recognition policy