staffs according to business plan. However, the administrative expenses decreased from Baht 56.1 million in 1H2017 to Baht 44.9 million in 1H2018 mainly from accounting adjusted of doubtful debt amounted

days in the period1) Collection period (days) = Avg. trade account receivables before allowance for doubtful account / (Total revenue from sales / Number of days in the period 1 ) Accounts payable days

42.8 million in 3Q2019 and increased from Baht 82.4 million in 9M2018 to Baht 118.6 million in 9M2019 due to accounting adjusted of doubtful debt amounted of Baht 22.5 million in 9M2018,and increase of

of inventory = Average inventory / (Cost of sales of goods / Number of days in the period1) Collection period (days) = Average trade account receivables before allowance for doubtful account / (Total

31 MARCH 2020 Not yet due 322 176 Up to 3 months 223 182 3 - 6 months 50 76 6 - 12 months 33 12 Over 12 months 33 13 Total 661 459 Allowance for doubtful debt 9 31 MANAGEMENT DISCUSSION & ANALYSIS FOR

liabilities Number of days of inventory = Average inventory / (Cost of sales of goods / Number of days in the period1) Collection period (days) = Average trade account receivables before allowance for doubtful

, 2020, the Company provided allowance for doubtful accounts of 11,816 million baht or 13.3% of total accounts receivable, comparing to that of 3,962 million baht or 4.39% of total accounts receivable at

million baht and the allowance for doubtful debt accounts of 2.00 million baht. In 2019, the subsidiary (AIL) has realized a loss from impairment of marine vessels of 1.62 million baht. ท่ีตั้ง 55/2 หมู ่8

for AIL to re-pay short-term loans to the Company. In the 2nd quarter of 2021, the Company had expected credit losses from the allowance for doubtful accounts of a debtor of the biodiesel product of

allowance for doubtful accounts of 11,021 million baht or 12.3% of total accounts receivable, comparing to that of 11,593 million baht or 13.3% of total accounts receivable at the end of previous fiscal year