Replies to post #191483 on Hannover House Inc (HHSE)

[nsomniyak]

I am long HHSE but I need to take exception to that post.

As anyone who passed Financial Accounting 101 can tell you, revenues on the income statement (over a period of time) create Accounts Receivable on the balance sheet (a snapshot) and then the AR is reduced as cash is collected.

Accounts Receivable do not trigger or predict revenues in any way. Looking at Accounts Receivable as a predictor of 2015 revenues does not make sense.