Receivable Turnover 6) Inventory Turnover = Cost of Goods Sold / Average Inventory 7) Average Inventory Turnover Period = 360 / Inventory Turnover 8) Account payable Turnover = Cost of Goods Sold / Average
environment The Thai economy for the year 2019 exhibited a decelerating trend. Private consumption slowed down in almost all categories especially in durable goods from the contractions in vehicle sales partly
Liabilities 4) Account Receivable Turnover = Net Credit Sales / Average Accounts Receivable 5) Average Collection Period = 360 / Account Receivable Turnover 6) Inventory Turnover = Cost of Goods Sold / Average
global economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles
economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles) and
statements. Overall market environment The Thai economy during the third quarter of 2018 continued to expand particularly from domestic demand. Private consumption grew mainly from the durable goods segment
categories especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and
especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and tightening of