% because of Baht strength, allowance for doubtful accounts increased 37.71% and allowance for diminution in value of inventories (reversal) increased 46.68% compared to the same period of previous year
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
% Administrative expenses 25.60 30.62 -5.02 -16.40% Reversal of doubtful debts -3.34 - -3.34 100.00% Total expenses 230.04 108.41 121.63 112.19% Profit before finance costs and income tax expenses -1.35 9.69 - 11.03
% -6.09 -10.57% Administrative expenses 111.24 11.87% 112.11 20.86% -0.87 -0.78% Doubtful debts 394.21 42.08% - - - 394.21 100.00% Loss from impairment of property investment - - - - - - Total Expense
66.55 Gain on sales of investment in subsidiary 174,875 - 174,875 100.00 Reversal (loss) of doubtful account 10,364 14,239 (3,875) (27.21) Interest income 804 4,702 (3,898) (82.90) Other Income 5,048
- 26.27 26.27 100.00% Reserve for Doubtful Debts 5.90 8.85 2.95 50.00% Others 28.59 33.13 4.54 15.88% Administrative expenses 107.83 177.37 69.54 64.49% Administrative expense for the nine-month period
% Loss on exchange rate - 34.88 34.88 100.00% Reserve for Doubtful Debts 0.52 21.65 21.13 4,063.46% Others 38.97 48.78 9.81 25.17% Administrative expenses 137.81 251.18 113.37 82.27% Administrative expense
, especially when it compared to the Q4–2018. This is because the gross margin in Q4–2018 was a relatively low. In addition, it had recorded the allowance for doubtful accounts for long outstanding receivables
to 84 days and from 83 days to 84 days for the nine-month period. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover in the third quarter of