Originally Posted by
Snoopy
The unpaid payments to suppliers and future tax bill are both payables from where I sit. I still fail to see how not paying your bills improves the long term ability of a business like RBD to generate cashflow. I also fail to see how paying the bills enhances the RBD business in a long term way. To me the issue is irrelevant. The vicissitudes in timing of paying your bills shouldn't affect the long term ability of the underlying RBD business model to generate cash.
And yes I did subtract them to get a truer picture, as a truer picture is exactly what I am after.
SNOOPY