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China Aviation Oil
22-06-2017, 10:55 AM,
Post: #41
RE: China Aviation Oil
If you read Chinese, look at the orders for C919!


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31-07-2017, 02:55 PM,
Post: #42
RE: China Aviation Oil
    anyone concern with the increase of receivables every quarter?
    Q1 792mil
    Q2 996mil

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31-07-2017, 11:33 PM, (This post was last modified: 31-07-2017, 11:38 PM by vingaard.)
Post: #43
China Aviation Oil
If you look at Q3 2016, receivables was also around this level.
Further, if you analyse the quarterly results, you will see that the amount of payables closely match the amount of receivables.

My guess is that the receivables and payables represent the size of their open positions in oil trading. If I'm wrong, someone please correct me.

Sent from my iPad using Tapatalk

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