Icon8888 5536 posts Posted by Icon8888 > Jun 18, 2015 12:11 PM | Report Abuse X
Ok everybody, the question I want to ask is in Geshen's latest quarter, there is an item called "Changes in inventories" amounting to RM1.75 mil (third line of P&L statement)
What is this thing ? Inventories write off ? Usually for what reason ??
Icon8888. The amount RM 1.75m (negative amount) could be an under-absorbed overhead costs in this quarter due to factory operating below the standard capacity. On the other hand, If the actual operation is higher than standard capacity, the P/L may show the difference of over-absorbed overhead costs or positive amount.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
RosmahMansur
2,870 posts
Posted by RosmahMansur > 2015-06-12 09:47 | Report Abuse
Its normal