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  "documentTitle": "Kratos Defense & Security Solutions (KTOS)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2018-03-16 00:00:00",
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      "kind": "callout",
      "text": "Kratos New Discussion in 2017 Annual Report: DSO rising \"primarily as a result of certain contractual billing milestones...\"",
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      "kind": "callout",
      "text": "Jan 19, 2017 from Accounts Payable Specialist: \"They [Kratos] could never pay their bills...\"",
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      "kind": "callout",
      "text": "Elevated DSOs signal cash flow collection issues. The problem is also suggested by an accounts payable specialist posting on the company review website Glassdoor. Kratos is now expanding discussion about DSO in its 10-K.",
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      "text": "Days Sales Outstanding: 124",
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      "text": "Elevated DSOs signal cash flow collection issues. The problem is also suggested by an accounts payable specialist posting on the company review website Glassdoor. Kratos is now expanding discussion about DSO in its 10-K.",
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      "text": "They [Kratos] could never pay their bills during the time I was there. Terms were net 90 for every vendor expect ones like SDG&E, etc. It was stressful because of this, causing non stop credit holds, non stop emails from vendors wanting payment, statements to review that had months of bills entered but not paid. I couldn't wait to leave. The office supply area was completely bare and empty. It was hard to order supplies. Many temps would buy their own supplies and bring them in. Supplies such as inboxes, file folders, etc, that should have ben provided by the company — Accounts Payable Specialist, Glassdoor Review",
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      "text": "Source: KTOS SEC filings and conference calls",
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      "kind": "title",
      "text": "Warning From Rising Days Sales Outstanding (DSOs)",
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