. The trade accounts receivable was increased by Baht 67 million from Baht 592 million in year-end 2019 to be Baht 659 million in Q1/2020, or 11.45% increased resulting from the higher collection period

592 million in year-end 2019 to be Baht 629 million in Q3/2020, or 6.34% increased resulting from the higher collection period. While inventory showed Baht 396 million as of 30 September 2020, a

THB 87.65 million as a result of collection of the receivables along with low receivable balance from decreasing in total revenue. 31-Mar 31-Dec 2020 2019 ล้านบาท % ASSETS Total Current Assets 1,507.60

trade accounts receivable by Bath 70 million from Baht 578 million in year-end 2018 to be Baht 648 million of ending Q3/2019, or 12.24% increased resulting from the higher collection period. While

-Practical-Guide.pdf Hypothesis development https://vl.dk/wp-content/uploads/2019/06/McKinsey-SDG-Practical-Guide.pdf Hypothesis level of SDGs disclosure (in terms of relevance) Firm Value + Data Collection 1

Liquidity Ratio (Times) 0.54 0.78 Account Receivable Turnover Ratio (Times) 8.58 7.81 Average Collection Period (Days) 42 46 Inventory Turnover Period (Days) 19 19 Average Payable Period (Days) 18 17 Cash

(Times) 9.77 8.44 Average Collection Period (Days) 37 43 Inventory Turnover Period (Days) 19 19 Average Payable Period (Days) 16 18 Cash Cycle (Days) 40 44 Total Debt to Equity Ratio (Times) 0.47 0.51

Average Collection Period (Day) 49 49 56 Inventory Turnover Ratio (Times) 17.83 15.89 13.21 Average Days Sales of Inventory (Day) 20 23 28 Account Payable Turnover (Times) 6.09 6.25 5.54 Average Payment

(Times) 0.78 0.62 Account Receivable Turnover Ratio (Times) 7.81 7.42 Average Collection Period (Days) 46 48 Inventory Turnover Period (Days) 19 18 Average Payable Period (Days) 17 16 Cash Cycle (Days) 48

strictly for debt collection between sales and finance department. As a result, the Group get receive from many outstanding debtors. 2. Proceeds from installment sale increase amount Baht 4.51 million