due to the return of aircraft under wet lease arrangements, together with the fluctuation of foreign exchange rate. However, this was offset by the delivery of two additional aircraft under operating
operations and had strong financial position. As at December 31, 2018, the consolidated current ratio was 1.93 times, slightly increased from 1.81 times in 2017. The quick ratio in 2018 was 0.72 times
ratio was 2.95 times, increased from 1.93 times in 2018. The quick ratio in 2019 was 0.99 times, increased from 2018 at 0.72 times. The cash ratio of the Company was 0.82 time, slightly decreased from
operations and had strong financial position. As at September 30, 2017, the consolidated current ratio was 1.81 times, slightly increased from 1.54 times as at December 31, 2016. The quick ratio as at
Ratio 1 (times) 1.63 1.54 1.81 Quick Ratio 2 (times) 0.53 0.37 0.57 Cash Ratio 3 (times) 0.67 0.68 0.80 Account Receivable Turnover 4 (times) 17.65 17.27 17.78 Average Collection Period 5 (days) 20 21 20
, 2020, the consolidated current ratio was 2. 20 times, decreased from 2.95 times as at December 31, 2019. The quick ratio was 0.93 time, slightly decreased from December 31, 2019 at 0.99 time. Short-term
baht. This was mainly derived from an increase of current portion of long term loan resulted from entering into new long-term loan agreement for the purpose of the delivery of two ATR72- 600. Income
, mainly from the delivery of one ATR72-600 together with, aircraft and ground equipment during the first quarter of year 2019. Liabilities As of 31 March 2019, the Company and its subsidiaries have
equipment increased by 270.3 million baht, mainly from the delivery of one ATR72-600 together with, aircraft and ground equipment during the first quarter of year 2019. Liabilities As of 31 March 2019, the