RTX (RTX): How Much of its Cash Recovery Comes From Selling Receivables?
RTX Corporation (NYSE:RTX) is benefiting from stronger aircraft maintenance and defense demand, but its cash recovery also reflects faster collection through receivable sales. First-half operating cash flow rose from approximately $3.64 billion to $5.40 billion. Increased factoring contributed $1.5 billion, or about 41% of that improvement. The investment question is how much cash the growing […]
What This Story Means
Claude is explaining the story in plain words…
Read the Full Story at the Source
The summary here comes from the news provider; the rest of the article lives on the publisher's site: Yahoo