Payment period increased by 34 days from 64 days at 31 March 2014 to 98 days at 31 March 2015. The main reason came from the payment policy with Olip (Japan) which starting in this period. Normally the credit term with Olip Japan is 60 days, anyway, if the company has internal cash flow problem, Olip Japan will allow the company to hold payment up to 7 months (accrording to the payment schedule from Olip Japan. Nonetheless, if everything is under control, the credit term will be back to 60 days.
The no. of days payable as of 31 March 2015 was over the range of credit term given by Olip Japan and other supplier which normal credit term is in range of 30-60 days because the payment policy with Olip Japan as illustrated above
However, there is no risk of in damaging credit relationship because Olip Japan is related party. The longer period caused by increasing in amount of average trade account payable, one of formula's component, as described above.