Telestone Technologies

Telestone Technologies’ (TSTC) Cash Flow Crunch

by Glenn Busch November 30, 2010
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Telestone Technologies (TSTC) has $136.014 million in receivables on its balance sheet, which is more than its trailing twelve-month revenue of $103.814 million. Such high receivable levels indicate a company that can sell but can’t collect on payments or is too aggressive in recording revenue.

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