Business models, operations and the decisions behind them.
An accounting provision recognises an uncertain liability. It does not necessarily mean the company has placed an equal amount of cash in a separate account.
Calculate an inventory-turnover example using cost of goods sold and average inventory, then check the period and accounting basis before comparing companies.
Read an order backlog by asking what is included, when delivery is expected and which conditions must be met before it becomes recognised revenue.
Examine dependence on a large customer through revenue, receivables and operational commitments, rather than treating a major contract as pure growth.