Global Developments Inc (GDVM)

[Vanasn]

If they are on cash basis then yes, otherwise no. What will happen is the uncollected revenue will turn into AR and the impact to that is free cash flow. But service companies don't usually have AR, they are more likely to have unearned revenue as a liability instead depending on how they structure a contract.

And most listed companies aren't on cash basis, so no need to wait for a collected bill to file their quarterly.