Why did runway move from 16.4 to 14.6 months?
Runway declined because enterprise collections slipped by $182K and payroll timing moved one cycle into the active forecast window. Vendor spend came in $31K favorable, but not enough to offset the receivables delay.
Source trail
- [bank-042] Mercury operating balance matched Jun 21
- [ar-aging] QuickBooks enterprise invoices over 21 days
- [payroll-19] Gusto batch moved into forecast window
Decision packet
- Call out collections timing as the board-level variance.
- Assign owner and target date for the delayed invoices.
- Present base case and recovery case in the weekly update.