Replies to post #3412 on Bitech Technologies Corp (BTTC)

[Toxic Avenger]

No, A/R increasing means they are not collecting on their debts. Worse case, it's bad debt and gets written off.

If revenues are growing, then some expansion of A/R is OK (still better if revenues are growing AND A/R is falling).

Cash receipts is the contra account to A/R, so if cash is going up, A/R is going down.