is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts receivable were 63 days in 2017, 61 days in 2016 and 59 days in 2015. Trade Receivables
, 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
decreased from Q3-2016, representing decrease of 112.2 MB or 12.0%, because the reversal of doubtful accounts for long term receivables has been recorded in Q3-2016 -3- Financial Analysis of the company As of
installation of other pipes. 3. Other income for the year of 2017 decreased by Baht 5.36 million or 25.88%. The major decreasing came from export delivery income by Baht 5.78 million. The prior year the sale
, the Company was affected by the ongoing outbreak of COVID–19 which caused the customers to change the work methods resulting in the delay in delivery and inspection of equipment or project. As a result
in administrative expenses of the Company and its subsidiaries and allowance doubtful account increased by Baht 16 million and employee benefits for employees who have worked with the Company 20 years
=electronic+property+OR+%22electronic+property%22+OR+%22electrica... English (United States) modernizing electronic systems, which enable the delivery of documents (e-delivery), proxies (e-proxy) and
+%22electronic+possession%22+OR+%22elect... English (United States) modernizing electronic systems, which enable the delivery of documents (e-delivery), proxies (e-proxy) and advertisements on shareholder meeting
+%22electronic+possession%22+OR+%22elect... English (United States) modernizing electronic systems, which enable the delivery of documents (e-delivery), proxies (e-proxy) and advertisements on shareholder meeting
management is more concise and cost control is based on estimates. 2. Allowance for doubtful accounts (transfer back) (2.27) with last year at (69.68) million baht which decrease 67.40 million baht or (96.73