to internal control and compliance. Furthermore, collaboration has been established with external agencies as well as international organizations ranging from collection of evidence to criminal
. Sample and data collection Our final sample included 585 firm- year observations (334 companies traded in the Stock Exchange of Thailand) for the period 2016–2017, two years after the implementation of
to internal control and compliance. Furthermore, collaboration has been established with external agencies as well as international organizations ranging from collection of evidence to criminal
to increased cash and cash equivalents prepared for investment in subsidiary and joint ventures. Trade receivables were also higher due to higher sales contribution of domestic whose collection period
Liquidity Ratios Current ratio (times) 2.0 0.6 2.0 0.6 Number of days of inventory (days) 29 38 31 37 Collection period (days) 44 44 45 44 Accounts payable (days) 43 45 44 42 Profitability Ratios Gross profit
THB 847mn, an increase of 19.3% or THB 137mn from THB 710mn as of 31 December 2018. The Company gives 90 days credit terms to customers. The average collection period as at the end of this year was 96
. Financial Ratio Analysis Q4'19 Q4'18 2019 2018 Liquidity Ratios Current ratio (times) 1.8 2.7 1.8 2.7 Number of days of inventory 30 35 33 36 Collection period (days) 46 42 47 45 Accounts payable (days) 45 43
Maldives Curio Collection by Hilton (198 keys), and Hard Rock Hotel Maldives (178 keys) commenced its operation. On November 8, 2019, the Company received payment for additional ordinary shares for the
the proceeds on construction service projects as follow: 2.1) Construction of Waste Water Treatment Plant and Collection System, Tha Yang Municipal: Counterparty Tha Yang Municipal, Petchburi Province
process of customer acceptance and final document review before customer payment. For the undue items and overdue less than or equal 3 months, the collection was made for some items and for the overdue