company's information faster and consequently having more time to carefully consider such information before making decisions that truly meet their demands. Moreover, the proposal for the use of an e-delivery
8 6. Forward Looking As in the first nine months of 2018, the Company's sales from the current business dropped quicker and much further than expected. In addition, the Company’s costs increased
/or technology upgrade offered at the same price points to retain existing base and also attracted new demand. The high-end packages with faster speed were also made more affordable to attract demand
has faster than last year. As result, the policy of debts collector between finance and sales departments. Ratio 2017 2018 Increase (Decrease) Liquidity ratio Current ratio (Time) 5.75 3.99 1.76 Quick
procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked during 15-20 days in the 2nd quarter of 2020. Besides, the
determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked during 15-20 days in the
especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were stocked between 20-30 days in 2020. Also
risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO) and product (Biodiesel) were
of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material (CPO