Breakthrough technology bottleneck, Londeed T5 led tube launched out with high attack
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Breakthrough technology bottleneck, Londeed T5 led tube launched out with high attack

From:LondeedP:5Time:2015-08-29 09:24:28


The Company reported a $2.1 million use of cash from operations during the fiscal 2016 first quarter, compared to a$1.3 million use of cash from operations during the prior-year period. The increase was attributed to a build-up of inventory related to the increase in revenue and expectations for the calendar back half and an increase in DSO related to prolonged collections of government projects and utility incentives, offset somewhat by a decrease in accounts payable as a result of inventory purchases and favorable vendor terms.


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