Elite Pharmaceuticals Inc (ELTP): This is normal trade credit. As mentione...

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Re: The ELTP King post# 391327

Saturday, 11/18/2023 1:21:48 PM

Saturday, November 18, 2023 1:21:48 PM

This is normal trade credit. As mentioned on recent call why A/R is so big. Terms are net 30-45 depending on agreement. Shorter the terms, the faster we get paid assuming partners are paying timely.

Collect fast & pay late is the normal treasury strategy to manage cash flow tightly.

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Volume:
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Total Trades:

1D
1M
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5Y

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Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
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