MKH Annual Report 2020

179 MKH BERHAD 20. RECEIVABLES, DEPOSITS AND PREPAYMENTS (CONT’D) (e) Trade receivables (i) The Group’s normal trade credit term ranges from 7 to 90 days (2019: 7 to 90 days). (ii) The ageing analysis of the Group’s trade receivables is as follows: The Group 2020 RM 2019 RM Neither past due nor impaired 87,504,815 105,624,308 1 to 30 days past due not impaired 14,478,857 12,591,096 31 to 60 days past due not impaired 3,924,055 6,916,293 61 to 90 days past due not impaired 344,843 869,024 90 to 120 days past due not impaired 181 ,1 1 6 1,791,798 More than 120 days past due not impaired 1,735,381 - 20,664,252 22,168,211 Past due and impaired 877,476 1,053,868 109,046,543 128,846,387 Receivables that are neither past due nor impaired Trade receivables that are neither past due nor impaired comprise property purchasers mostly are with end financing facilities from reputable end-financiers whilst the others are creditworthy customers with good payment records. None of the Group’s trade receivables that are neither past due nor impaired have been renegotiated during the financial year. Receivables that are past due but not impaired Trade receivables of the Group amounting to RM20,664,252 (2019: RM22,168,211) which are past due but not impaired because there have been no significant changes in credit quality of the debtors and the amounts are still considered recoverable. The Group does not hold any collateral or other credit enhancements over these balances. Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2020