PE wipe off the inventory m dollar impairment before IPO. so the profile and lose look good. after 2 year, dsh accumulate other 60m impairment that have to wipe off. same story happen again.
it is very poor inventory managment.
in my understand, those 60m inventory can not sale for normal retail price as the model too old or what so ever. technology change too quick old model cant sale. so the 60m inventory have to sale on equal purchase price or even lower then purchase price from supplier. can someone correct me if I am wrong.
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