Key Financial Ratios
| FYE 31 Dec | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash Conversion Cycle (days) | 38 | 47 | 44 | 42 | 49 | 72 |
| Inventory Turnover (days) | 59 | 66 | 66 | 72 | 76 | 90 |
| Trade Receivables Turnover (days) | 8.2 | 8.8 | 7.7 | 6.7 | 6.9 | 8.6 |
| Trade Payables Turnover (days) | 29 | 28 | 30 | 36 | 34 | 26 |
| Gross Profit Margin (%) | 22.3 | 21.4 | 20.9 | 21.0 | 21.8 | 21.1 |
| Profit Before Tax Margin (%) | 6.4 | 5.4 | 5.7 | 5.9 | 5.5 | 2.6 |
| Profit After Tax Margin (%) | 5.2 | 4.3 | 4.3 | 4.5 | 3.9 | 1.9 |
| Gross Gearing (times) | 0.2 | 0.4 | 0.3 | 0.2 | 0.1 | 0.1 |
| Net Gearing Ratio (times) | N/A | N/A | N/A | 0.02 | N/A | N/A |
