RM & PM
ETB 18.6m
Factory valuation · 31 Aug
ActualStock
Inventory and payables
Where stock sits — factory materials, finished goods, head office — and what we owe suppliers.
FG factory
ETB 6.1m
Finished goods
ActualFG head office
ETB 3.7m
Finished goods
ActualSupplier payables
ETB 11.8m
Aged AP
ActualWhere the stock sits
31 Aug valuation| Book | Value | Quality |
|---|---|---|
| RM & PM Factory valuation · 31 Aug | ETB 18.6m | Actual |
| FG factory Finished goods | ETB 6.1m | Actual |
| FG head office Finished goods | ETB 3.7m | Actual |
| Supplier payables Aged AP | ETB 11.8m | Actual |
Net working capital
ETB 41.0m — inventory plus AR minus AP. Cash conversion cycle is 86 days.