SJURVM schreef op 1 maart 2017 14:04:
I promise I will let the subject of unrecognized revenue go after this note :)
I just like to play with ratios and try to see how well MDXH is performing.
so here it goes: 2013 2014 2015 2016
Billed 9.3 19.1 36 49.3
Unrecognized 5.4 9.6 20.8 19.3
% 58% 50.3% 57.78% 39.15%
COGS 5.8 6.4 6.9 10.1
COGS/Billed 62.4% 33.5% 19.2% 20.5%
So taking into account the major effort done in 2016 the progression looks rather good to me.