are follows;- 2.2.1 Account payable and others account payable was of Bt230.7 million 2.2.2 Long term loan from banks, which are due within one year, was of Bt480.9 million which were belonged to BAFS

5.23 Average collection period days 76 77 69 Inventory turnover times 4.90 5.13 5.96 Average inventory turnover period days 73 70 60 Account payable turnover times 5.22 5.00 5.70 Average payment period

in account payable of THB 260 million since this quarter the company was not required to keep additional raw materials volume while in December 2018, the company was required to reserve for production

recognition of contract assets amounting to Bt1,639mn following TFRS 15 adoption since Jan-19 (see Note 2). Total liabilities were Bt239,865mn increasing 3.0% QoQ from dividend payable recognized in 1Q19 and

term loan (bridging loan) from financial institution used for acquiring ECC offset with decrease in trade account payable and other payable. • Non-Current Liabilities slightly decreased by THB 74 million

THB 47mn, 3) corporate income tax payable of THB 40mn and 4) advances received from cardholders THB 17mn. However, the increase was partially offset by a decrease in 5) accrued expenses of THB 77mn

300,000,000 Baht payable in five installments. 5.2 The rent of 1.25 million baht per month, payable monthly with increase rate of 15% every three years for a period of 48 years. 6. Sources of Funds 6.1 The land

Accounts payable days 44 50 43 49 Cash cycle (days) 38 35 38 42 Liquidity and Leverage Ratios Current ratio (times) 0.61 0.57 0.61 0.57 Total debt to equity (times) 1.98 2.38 1.98 2.38  The Company’s

shall be paid monthly throughout 48 years contract period. 5.1 The up-front fee of 300,000,000 Baht payable in five installments. 5.2 The rent of 1.25 million baht per month, payable monthly with increase

asset under TFRS 16. 2. Accrued dividend increased by THB 205 million due to the approval the Company’ s Board of Directors on March 27, 2020. 3. Accounts payable and other accounts payables decreased by