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

receivables which shared 88% of total assets. - Accounts Receivable The Company has gross accounts receivable of 89,546 million baht as of November 30, 2021, increased by 2% from as of February 28, 2021. The

trade accounts receivable by Baht 54 million from Baht 701 million in year-end 2016 to be Baht 646 million in Q3/2017, or 7.77% decreased resulting from slowdown of sales volume. While inventory showed

-end 2018. This was mainly due to the increase in trade accounts receivable by Bath 85 million from Baht 578 million in year-end 2018 to be Baht 663 million of ending Q1/2019, or 14.72% increased

from collection of purchased accounts receivable 341.0 85.2% 419.0 76.6% 78.0 22.9% Insurance Income 0 0.0% 37.2 6.8% 37.2 100.0% Interest income and related income 0.5 0.1% 0.5 0.1% 0 0.0% Total

requirement during the period resulting from higher trade accounts receivable. As a result of the discussed factors, our profit for three-month period of Q2/2019 was Baht 25.0 million versus Baht 19.6 million

collection and others income 61.1 22.5% 58.7 14.7% -2.4 -3.9% Revenues from collection of purchased accounts receivable 209.2 76.9% 341.0 85.2% 131.8 63.0% Interest income and related income 1.5 0.6% 0.5 0.1

million of Q3/2018. This was due to higher short term loan requirement during the period resulting from higher trade accounts receivable. As a result of the discussed factors, our profit for three-month

decreased cash flow by amount of 105.88 million baht compared to the previous year. (Decreased cash receipts) mainly from trade accounts receivable and other receivables in the new business of Baht 82.14

the portfolio of net account receivables which shared 87% of total assets. - Accounts Receivable The Company has gross accounts receivable of 88,506 million baht as of November 30, 2020, decreased by 2