1. Does very low cash in hand in the Balance Sheet indicates any accounting engineering? If yes, why investors over looked it in the business where retail sales contribute more than 50%.
2. Debtors more than 180 days witnessed multifold increase despite 10% sales growth.
2. Debtors more than 180 days witnessed multifold increase despite 10% sales growth.
3. Treating acceptances as part of operating cash flow led to positive cash from operations.
4. When company is in continuous CapEx mode..auditor says company is in process of updating FA register regarding location and quantity of assets.
buff.ly/2NdptU0
4. When company is in continuous CapEx mode..auditor says company is in process of updating FA register regarding location and quantity of assets.
buff.ly/2NdptU0
Acceptances are nothing but short term working capital loan to finance current outstanding receivables, despite such arrangements receivable jumped more than 1.5x.
