concerning purchasing raw materials, hiring for spare parts mold production, selling goods, assembling engines, as well as receiving of returned goods and disassembling of engines and spare parts for auction
4.71 Average debt collection days 83 79 Current ratio was 5.54 times, lower than that of the year 2017 which was 7.63 times, due to purchasing raw materials increased. Quick ratio was 3.38 times
7.63 times, higher than that of the year 2016 which was 4.27 times, due to current liabilities, purchasing raw materials, decreased. Quick ratio was 4.47 times, better than that of the year 2016 which
purchasing raw water from private source. However, the company was able to save the electricity cost by 61.83 million Baht because the company has stopped transferring water from Nongplalai reservoir to
accepted accounting principles. The company did not arrange the assessment of value and quantity of small-sized gas cylinders and record allowances for impairment in accordance with generally accepted
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
of natural gas corresponding to the crude oil price in the world market, the new accounting standard (Thai Financial Reporting Standard) regarding the financial instruments (TFRS 9) and the lease
, comprising current assets increased 58 million Baht and non- current assets decreased 5 million Baht. Liabilities The total liabilities increased 30 million Baht, as a result of purchasing raw materials
due to the increase of natural gas cost by Baht 544 million following the rise in average price of natural gas which in line with the upward trend of crude oil price, whereas there was no significant
affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and