Posted by Icon8888 > 2015-06-02 22:54 | Report Abuse

I have a different interpretation of goods in transit

Instead of goods on the way to customers, I think it should be goods on the way from suppliers

Most likely is milk powder from let's say, New Zealand

Posted by Icon8888 > 2015-06-02 22:59 | Report Abuse

Hello Duit !

Posted by deOptimus > 2015-06-02 23:16 |

Post removed.Why?

Posted by newbird33 > 2015-06-03 00:49 | Report Abuse

Goods in transit is goods that was ordered but not yet delivered to Johotin's warehouse. At end Dec 2014, milk powder's price was at the lowest in 2014 so they ordered a lot.

Posted by bukithot > 2015-06-03 15:21 | Report Abuse

"Posted by newbird33 > Jun 3, 2015 12:49 AM | Report Abuse

Goods in transit is goods that was ordered but not yet delivered to Johotin's warehouse."

Did you mean JOHORTIN have paid for the goods but net yet arrived at its warehouse?
How long does it take to reach its warehouse?

Posted by fengtzekai > 2015-06-04 15:27 | Report Abuse

Sounds a bit like gambling to me to stock up commodity items with short shelf life unless they have future order already secured to cover it......