BAL 0.04% $12.88 bellamy's australia limited

Lol, they didn't miscalculated stock provision, it is money set...

  1. 418 Posts.
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    Lol, they didn't miscalculated stock provision, it is money set aside for write down. It is an accounting practice. They are setting aside cost in case when SAMR hits and old stock can be written off. Stock on hand weeks cover is also reducing which is indicating a good sign for new products. I work in FMCG finance, so very familiar with provision and inventory management concept
 
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