The ACT is a member of:
We are currently supporting:
You are concerned about whether your company will generate or consume cash next year. You recently completed your calculations and found that your cash position should be neutral, in other words that cash would be neither generated nor consumed. Since then you have discovered that an extra one-off payment of £11.5 million must be made next year. You have also discovered that it may be possible to rein back the credit period given on sales from 60 days to 30 days with no resultant impact on sales level (expected to be £156 million next year) or profitability.
What is the net result of these two changes?
