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
recognised a provision for inventory obsolescence and written-off the licences for publication from their restructuring of Baht 204.45 million. Conclusion : The Group reported a loss for the six-month period
) Temporary Shutdown Expenses 43.9 15.7 178.3 Allowance for the decline in value of inventory 1.3 1.2 4.4 Selling Expenses 73.1 83.7 (12.7) Administrative Expenses 46.5 32.6 42.5 Finance Costs 4.8 4.7 4.0 Total
% of Revenue from sale and service, increased from last year that gross profit margin was 3.56%. This is result from effective inventory management even though the steel price trend decreased same as
year Baht 642. 53 million or 87. 40% due to the continuing high demand of new products launched in Q4/ 2020. Moreover, the Company was able to manage inventory to support customer demand by the high
Analysis Total Expenses (Million Baht) Quarterly Change 1/2020 1/2019 % Cost of Goods Sold 178.8 257.2 (30.5) Temporary Shutdown Expenses 44.8 43.9 2.3 Allowance for the decline in value of inventory 6.0
used in the operation of the business, (3) to assess the adequacy and appropriateness of the allowance for inventory, and (4) to review and adjust the data used to measure the fair value of biological
were not in compliance with the generally accepted accounting standards. Besides, the auditor did not satisfy with supporting evidence with regard to the audit of inventory balance as at December 31
success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue. Due to this