bearish

GDS Holdings (GDS US) - Cashflow Impact Due to Accumulating AR Balance

419 Views11 Feb 2022 17:41
GDS Holdings reported strong OCF for LTM 30 Sep 2021 but there is a divergence between its OCF and cash profits. We identified a rising AR balance as a key factor and highlight associated risks.
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Jason Yap, CFA
Forensic Analyst
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