60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful accounts, which also considers the customers’ payment history
allowance for doubtful accounts, which also considers the customers’ payment history and credit- worthiness. As of 30 June 2018, the allowance for doubtful accounts was THB 35mn. AGEING OF TRADE RECEIVABLES
accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful accounts, which also considers the customers’ payment history and credit-worthiness. As of 30 September 2018
expenses 29.90 28.27 (1.63) (5.45%) Advisor expenses 3.81 1.95 (1.86) (48.82%) Loss on exchange rate 13.90 - (13.90) (100.00%) Reserve for Doubtful Debts - 4.03 4.03 100.00% Others 9.52 11.27 1.75 18.38
Company has recorded an allowance for expected credit losses (Allowance for doubtful accounts) for receivables overdue in accordance with the Thai Financial Reporting Standards No. 9 “Financial Instruments
and support them through the Covid-19 crisis, while strengthening loan portfolio quality through robust control of credit underwriting and risk management and maintaining the allowance for doubtful
only after NPAs are sold. Expected credit losses (2019: Bad debts and doubtful accounts) For the three-month period ended June 30, 2020, the Company recorded a total expected credit losses Baht 1,367
excluding loss from sale of foreclosed assets and loss from revaluations stood at 47.8% for 1Q18 comparing to 47.2% yoy. Bad debts and doubtful accounts and loss on debt restructuring totaled Baht 434 million
-to-income ratio excluding loss from sale of foreclosed assets and loss from revaluations stood at 47.8% for 1Q18 comparing to 47.2% yoy. Bad debts and doubtful accounts and loss on debt restructuring
from sale of repossessed cars (credit cost) stood at 1.33% of average loan for the year 2019. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 10,589 million