Eric Fong's comment on DCHCARE. All Comments

Eric Fong
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Qr report say low redemption rate this quarter compare previous quarter.

Can anyone tell more about this?
yong 。
They sell aesthetics products by package, low redemption rate means ppl buy dy but haven’t redeem yet, that’s why revenue dropped but contract liabilities increase, they can only recognize revenue whenever they perform the service (customer redeem)
8 Like · 1 month · translate
Eric Fong
Oh no wonder I see contract liabilities increase a lot but revenue drop a lot.
Thanks for your clarifications ya.
2 Like · 1 month · translate
Mark Siow
上个季度的contract liabilities是3.7mil,这个季度的contract liabilities是9.5mil,而这个季度cash flow of operating的contract liabilities是5.8mil,意思这个美容院有签到5.8mil的配套但是顾客还没有兑现。。。。
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Eric Fong
这些是给deposit还是全额付款呢?
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Mark Siow
打电话问老板比较快。。。。
1 Like · 1 month · translate
Eric Fong
看会计制度是算全额或是记录deposit而已就可以知道了。如果给deposit就未必有100%顾客redemp的嘛。哈哈。
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yong 。
一般上不会是deposit, 反而是签的package收到钱了 只是顾客还没有来redeem
1 Like · 1 month · translate