are necessary for the business of non-performing debt management and debt collection services, including car parking service, security and general building cleaning, etc. 3. Period 6 months from
, recovery and collection processes. Credit Risk Management Credit Risk Management Policy To achieve sustainable growth, our credit strategy focuses on a balance between portfolio value creation and protection
Ratio Item Unit Y2019 Y2018 Y2017 1.Current Ratio Times 11.21 9.28 9.42 2.Quick Ratio Times 2.06 1.38 3.16 3.Collection Period Day 33 33 46 4.Payment Period Day 74 84 96 5.Sales Inventory Period Day 723
credit card income and bad debt recovery as well as debt collection service. As of August 31, 2017, Company has active billings of 3.4 million transaction per month and 2.2 million IDs which came from
and collection of adjoining land from external parties to ensure that the land is large enough to construct the intended office, as a result, the Executive Board’s Meeting No. 13/2017, held on October
collections to market as Festive collection with a collaboration in design with a leading lifestyle product manufacturer; Santé collection with a new choice of modern design for hotel and restaurant. Also, one
8.48 M.Bht 2. Financial Status and Major Financial Ratio Item Unit Y2017 Y2016 Y2015 1.Current Ratio Times 9.42 5.86 1.98 2.Quick Ratio Times 3.16 2.70 0.68 3.Collection Period Day 46 41 43 4.Payment
Times 9.28 9.42 5.86 2.Quick Ratio Times 1.38 3.16 2.70 3.Collection Period Day 33 46 41 4.Payment Period Day 84 96 76 5.Sales Inventory Period Day 660 466 272 6.Fixed Asset Turnover Times 2.7 1.98 2.01 7
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
operation of J Fintech Company Limited in the past affected by the coronavirus situation some in the collection of debt during Lock Down. However, under the accounting practice, Subject: Temporary relief