The cashflow situation is worsened with both receivable days and inventory increasing. Inventory increasing is understandable as company might have increased inventory to protect itself from RM inflation and also as I understand cant book revenues if the cargo is in transit for exports (situation worsened due to backlog of cargo ships). But the increase in receivable days is a concern (probably I am reading too much into it) but it has reduced their cash balance. Hopefully it normalizes soon.
Regards,
Vinay
Invested.