238.81 million as of December 31, 2017 from the significant reasons of the increase of cash, inventory and investment in associates and joint venture. In this regard, cash increased from the issuance of

was THB 1,026.4 MB and THB 783 MB respectively, equivalent to 80.1% and 64.3% of total assets. The company current assets as of year-end of 2017 and Q1/2018 was the finish goods inventory in which

respectively or equivalent to 30.7% and 23.9% of the total assets. Secondly, the finish goods inventory in which accounted to THB 501.8 MB and THB 196.9 MB respectively as of year-end 2017 and Q2/2018 or

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