living of household rises, which was still with the weak purchasing power. Banks are not lending for fear of affecting the collection, the market is increasingly competitive so affected our customers
Objective The Iconic Property Company Limited needs working capital for its business operation whereby registering the increase of registered capital and the capital collection requires time to process which
ratio Time 1.85 1.47 3.26 3. Average debt collection time Day 51 53 62 4. Average debt repayment time Day 81 96 131 5. Average goods selling time Day 726 859 495 6. Fixed asset turnover ratio Time 0.67
collection period for the second quarter of 2019 decreased from 85 days to 84 days and from 83 days to 82 days for the six-month period. For a debtor with debt problem, the Company has set aside allowance for
period of 2019. The collection period for the second quarter of 2019 decreased from 85 days to 84 days and from 83 days to 82 days for the six-month period. For a debtor with debt problem, the Company has
Time 1.89 0.81 3.13 3. Average debt collection time Day 53 43 69 4. Average debt repayment time Day 76 72 71 5. Average goods selling time Day 406 242 24 6. Fixed asset turnover ratio Time 0.67 0.72 0.47
1. Liquidity ratio Time 5.03 7.59 8.29 2. Liquidity quick ratio Time 0.81 3.13 4.36 3. Average debt collection time Day 43 69 57 4. Average debt repayment time Day 72 71 64 5. Average goods selling
quarter of 2018 and decreased from 2.47 times to 2.18 times for the six-month period of 2018 due to the lower sales. The collection period for the second quarter of 2018 increased from 73 days to 85 days
33.77 million mainly due to the reversal of provision for doubtful debt THB 4.71 million after collection made in quarter 1. Profit and net profit margin Profit for the six-month period ended June 30