administrative expenses resulting from setting up the doubtful accounts of THB 5.80 million. Please be informed accordingly, Yours sincerely, K.C. Metalsheet Public Company Limited (Mr.Niphon Charoenkit) CEO
for doubtful accounts (54) (55) Trade account receivables - net 1,289 2,400 As at 30 September 2019 and 31 December 2018, the Group had the allowance for doubtful accounts, amounting to Baht 54 million
1.21 times due to higher sales. The collection period decreased from 82 days to 75 days. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover
million baht decrease (1.83) million baht or (28.48%) because in the year 2019, the company has income from the compensation. 4. Bad debt and doubtful accounts (reversal) in the amount of 14.92 million baht
because the subsidiary failed to set an allowance for doubtful accounts and had yet to improve the efficiency of its internal control with regard to the approval of invoice issuance, expenses, payments
trading transactions regularly. In case of doubtful authenthicity, investors should seek clarificatioin from the back office of such securities firm. It should be reminded also that money for trading
above which covers the amendment to the financial statements for the year 2015 and the third quarter of 2016 as well as Form 56-1 and Form 56-2 for the year 2015. Concurrently, the SEC ordered a special
both accounting periods, as the financial statements were not in conformity with the generally accepted accounting standards in these following items:1. YNP?s records on the allowance for doubtful
flooring products to nine local customers in 2007; most of which were new customers. The company subsequently recorded a high amount of 320.8 million baht doubtful debt expense in 2008 financial statements