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capital. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue
business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this business has low gross profit
Considering inventories that are 5 years or older and considering the inventories. New policy Inventory from 1 year and above and Inventory turnover. Less than or equal to 30 percent 4. Financial Ratios Include
of receivables, the individual allowance for doubtful accounts is provided. Inventory Turnover in the second quarter of 2017 higher than the second quarter of 2016 was from 0.82 times to 0.87 times and
. Inventory Turnover in the third quarter of 2017 higher than the third quarter of 2016 was from 0.86 times to 0.91 times and had a number of duration of carrying goods that was 98 days, decreasing from last
) Allowance for the decline in value of inventory 32.63 19.35 68.57 Selling expenses 357.68 385.33 (7.18) Administrative expenses 118.99 97.01 22.66 Finance costs 19.52 24.07 (18.90) Total expenses 1,990.21