(or intra business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items
Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash tax, before
EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash
holding segment 3Core EBITDA is Reported EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after
regional or consolidated EBITDA. 4Core EBITDA is Reported EBITDA less Inventory gains/(losses) 5Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 6Core EPS is
increased due to lower inventory amount. • Net cash used in investing activities decreased because the Company received the government bonds at maturity. • Net cash used in financing activities was used in
17.78 times in 2017. GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 7 of 14 Inventory In 2018, the consolidated inventories of THB 3,527.98 million, decreased by THB
2018. The account receivable turnover was 18.54 times, increased from 17.11 times in 2018. Inventory In 2019, the consolidated inventories of THB 3,716.83 million, increased by THB 188.85 million or 5.35
Inventory Turnover 6 (times) 66.93 70.56 70.75 Average Inventory Turnover Period 7 (days) 5 5 5 Account payable Turnover 8 (times) 23.35 22.54 20.43 Average Payment Period 9 (days) 15 16 18 Cash Cycle 10
quarter still reflects crude price sentiment from Q4/2018, leaving the refinery business with minor inventory loss (included a reversal of lower of cost or market (LCM) of THB 689 million), whereas, during