| ACCOUNTS RECEIVABLE, NET |
NOTE
4 – ACCOUNTS RECEIVABLE, NET
Accounts
receivable, net consisted of the following:
SCHEDULE
OF ACCOUNTS RECEIVABLE
| | |
March 31, 2026 | | |
September 30, 2025 | |
| | |
(Unaudited) | | |
| |
| Trade accounts receivable | |
$ | 26,337,418 | | |
$ | 23,403,393 | |
| Less: allowance for expected credit losses | |
| (4,986,337 | ) | |
| (3,768,902 | ) |
| Accounts receivable, net | |
$ | 21,351,081 | | |
$ | 19,634,491 | |
| Current portion | |
$ | 18,011,916 | | |
$ | 15,327,945 | |
| Non-current portion | |
$ | 3,339,165 | | |
$ | 4,306,546 | |
The
non-current portion represents trade receivables to be collected beyond one year due to the payment terms negotiated between the Company
and its customers.
The
movement of allowance of for expected credit losses for the six months ended March 31, 2026 and 2025 was as follows:
SCHEDULE
OF ALLOWANCE FOR EXPECTED CREDIT LOSSES
| | |
2026 | | |
2025 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Balance at beginning of the period | |
$ | 3,768,902 | | |
$ | 2,393,968 | |
| Addition during the six-month period | |
| 1,100,734 | | |
| 1,626,922 | |
| Exchange differences | |
| 116,701 | | |
| (56,962 | ) |
| Balance at end of the period | |
$ | 4,986,337 | | |
$ | 3,963,928 | |
|