The negative working capital cycle at -240 days is wild. Most companies in enterprise software struggle with collections, but eMudhra is basically getting paid upfront by customers while stretching vendor payments. That kind of cash conversion is rare in B2B and probably reflects how critical PKI and digital trust services are to their clients' operations.
The negative working capital cycle at -240 days is wild. Most companies in enterprise software struggle with collections, but eMudhra is basically getting paid upfront by customers while stretching vendor payments. That kind of cash conversion is rare in B2B and probably reflects how critical PKI and digital trust services are to their clients' operations.