) Allowance for the decline in value of inventory 32.63 19.35 68.57 Selling expenses 357.68 385.33 (7.18) Administrative expenses 118.99 97.01 22.66 Finance costs 19.52 24.07 (18.90) Total expenses 1,990.21
capital. The key 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
sales of the company, while the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and
million or 14.0 percent as the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and
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
facilities, most of which also operate as Small Power Producers (SPP) under Thailand’s SPP program. Glow’s core business is to produce and supply electricity to the Electricity Generating Authority of Thailand
operating Independent Power Producers (IPP) and cogeneration facilities, most of which also operate as Small Power Producers (SPP) under Thailand’s SPP program. Glow’s core business is to produce and supply