| Schedule of Accounts Receivable, Net |
Accounts
receivable, net consist of the following:
| | |
As
of March 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
S$ | | |
S$ | | |
US$ | |
| Accounts
receivable – third parties | |
| 12,259,209 | | |
| 12,656,589 | | |
| 9,413,603 | |
| Less:
Provision for allowance for credit losses – third parties | |
| (751,145 | ) | |
| (1,109,571 | ) | |
| (825,267 | ) |
| Accounts
receivable, net | |
| 11,508,064 | | |
| 11,547,018 | | |
| 8,588,336 | |
|
| Schedule of Provision for Allowance for Credit Losses — Third Parties |
As
at the end of each reporting period, the aging analysis of accounts receivable, net of provision for allowance for expected credit losses,
based on due date is as follows:
| | |
As
of March 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
S$ | | |
S$ | | |
US$ | |
| Within
30 days | |
| 8,777,769 | | |
| 6,767,079 | | |
| 5,033,157 | |
| Between
31 and 60 days | |
| 1,407,083 | | |
| 1,354,777 | | |
| 1,007,643 | |
| Between
61 and 90 days | |
| 1,006,916 | | |
| 1,260,919 | | |
| 937,835 | |
| Between
91 and 120 days | |
| 316,296 | | |
| 649,852 | | |
| 483,341 | |
| Over
120 days | |
| - | | |
| 1,514,391 | | |
| 1,126,360 | |
| Total
accounts receivable, net | |
| 11,508,064 | | |
| 11,547,018 | | |
| 8,588,336 | |
|
| Schedule of Provision for Allowance for Credit Losses — Third Parties |
Movements in provision for allowance for credit
losses — third parties are as follows:
| | |
As
of March 31, | |
| | |
2024 | | |
2025 | | |
2025 | |
| | |
S$ | | |
S$ | | |
US$ | |
| Provision
for allowance for expected credit losses, beginning | |
| 727,552 | | |
| 751,145 | | |
| 558,680 | |
| Write-off | |
| (44,843 | ) | |
| — | | |
| — | |
| Additions | |
| 68,436 | | |
| 358,426 | | |
| 266,587 | |
| Provision
for allowance for expected credit losses, ending | |
| 751,145 | | |
| 1,109,571 | | |
| 825,267 | |
|