liquidity ratio, trade receivable day deteriorated from 68 days to 75 days yoy. This was primarily due to more accrual from social security bureau. For inventory day, it improved comparing to the same quarter
social security bureau. For inventory day, it increased 11 days comparing to the same quarter of last year. For the financial risk perspective, the ratio was at extremely low leverage with debt to equity
which increased from December 31, 2019 by 40.4 MB as a result of the increase in cash and cash equivalents by 12.9 MB, the increase of trade and other receivables by 0.3 MB, increase in inventory by 17.9
capital. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue
land sold. In respect of liquidity ratio, average trade receivable day improved from 74 days to 62 days yoy. as less accrual from social security bureau. For inventory day and trade payable day, they
740.3 MB which increased from December 31, 2019 by 9.9 MB as a result of the increase in cash and cash equivalents by 3.5 MB, the decrease of trade and other receivables by 8.7 MB, increase in inventory
goods was sent, the factory has no right to request the inventory back. - The store has the right to return the product for various reasons - The factory has the right to receive payment from the store
owners of the parent was THB 801.30 million, rose 60.64% from THB 564.93 million. However, exclusion of accounting standard related transactions as below, net loss from operation only accounted for 137.35
, rose 59.99% from THB 598.03 million. Net loss attributed to owners of the parent was THB 801.30 million, rose 60.64% from THB 564.93 million. However, exclusion of accounting standard related
problem – an exclusion of fixed effects – clustering standard errors 6/29/2015 18 Empirical Results – Q1 6/29/2015 19 Empirical Results – Q1 6/29/2015 20 Empirical Results – Q1 6/29/2015 21 Empirical Test