Replies to post #59268 on Universal Apparel and Textile Co. (DKGR)

[Odessa99]

One possible explanation for no inventory on the balance sheet at the end of the reporting period may be that they work on a contract basis, where a buyer of the specific goods is already lined up in advance.

Just a thought...

I was expecting to see other assets on the balance sheet like some inventory, but none were reported other than the current assets. Are they that efficient/lean in their operations? Did they sell everything they made at Q2 end?

DKGR