Inventory Turnover 6 (times) 66.93 70.56 70.75 Average Inventory Turnover Period 7 (days) 5 5 5 Account payable Turnover 8 (times) 23.35 22.54 20.43 Average Payment Period 9 (days) 15 16 18 Cash Cycle 10
which turned ESTAR from having approximately operating loss of 51 million baht to a net profit over 140 million baht in 2013. Such non-public information material to the change of ESTAR share price was
31st December (Unit: Time) 2018 2017 Current Ratio 5.86 5.90 Quick Ratio 2.81 3.08 Inventory Turnover 2.91 3.37 • Current ratio was 5.86 times, decreased from the year 2017 which was equivalent to 5.90
, due to an increase in mobile phone inventory in preparation for the growing handset sale. Inventory turnover day stood at 51 days, same level as last year. Net trade receivable amounted to Bt16,277mn
the annual dividend payment. Analysis of Liquidity. Transaction For the Year ended 31st December (Unit: Time) 2019 2018 Current Ratio 6.27 5.86 Quick Ratio 3.64 2.81 Inventory Turnover 3.22 2.91
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
Company had tried to efficiently manage production yields and maintain inventory turnover within 30 days to prevent the cost of sales increase from the keeping stocks. The volatility of CPO price is also a
the risk of devaluation in inventories value (NRV) when CPO price fluctuated. Year Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 1. Ratio inventory turnover (times) Year2017 0.48 0.58 0.78 0.88 1.11
working capital management during 9M17, trade receivable turnover, inventory turnover as well as trade payable turnover were not meaningfully changed yoy. Leverage ratio has improved as illustrated by