Notes to the Financial Statements for the Financial Year Ended 30 September 2024 Sustaining Lives, Empowering Communities Governance That Inspires Confidence Financial Insights Through Numbers Empowering Ownership PG. 251 20. RECEIVABLES, DEPOSITS AND PREPAYMENTS (CONT’D) (d) Trade receivables (i) The Group’s normal trade credit term ranges from 7 to 90 days (2023: 7 to 90 days). (ii) The ageing analysis of the Group’s trade receivables is as follows: The Group 2024 2023 RM RM Neither past due nor impaired 81,116,005 68,670,288 1 to 30 days past due not impaired 8,450,106 15,285,223 31 to 60 days past due not impaired 6,154,778 8,849,453 61 to 90 days past due not impaired 3,036,678 5,861,412 91 to 120 days past due not impaired 4,809,666 686,150 More than 120 days past due not impaired 2,026,156 949,196 24,477,384 31,631,434 Past due and impaired 184,062 903,051 105,777,451 101,204,773 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 RM24,477,384 (2023: RM31,631,434) 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.
RkJQdWJsaXNoZXIy NDgzMzc=