. Cash cycle The cash cycle for the year ended December 31, 2019 and 2018 was 6.9 days and -3.3 days, respectively, driven by longer average collection period from 19.2 days to 22.0 days, higher inventory
percent. The Company’s net profit margin stood at 27.7 percent. An increase of net profit was a result of the Company has higher revenues from collection of purchased accounts receivables and debt tracking
stood at 27.8%. An increase of net profit was a result of the Company has higher revenues from collection of purchased accounts receivables. Thus, the details of the Company group can be described as
business for 2nd year in consecutive. The Company achieved its record high in cash collection at 2,399 million Baht. Thanks to distress the quality of debt acquired, number of collection staff increasing and
business for 2nd year in consecutive. The Company achieved its record high in cash collection at 2,399 million Baht. Thanks to distress the quality of debt acquired, number of collection staff increasing and
agreements relevant to the transaction to facilitate the NPL management and collection business operation. While the transaction is classified as a sizable related party transaction and asset acquisition, the
Liquidity Ratios Current ratio (times) 2.0 0.6 2.0 0.6 Number of days of inventory (days) 29 38 31 37 Collection period (days) 44 44 45 44 Accounts payable (days) 43 45 44 42 Profitability Ratios Gross profit
. Financial Ratio Analysis Q4'19 Q4'18 2019 2018 Liquidity Ratios Current ratio (times) 1.8 2.7 1.8 2.7 Number of days of inventory 30 35 33 36 Collection period (days) 46 42 47 45 Accounts payable (days) 45 43
. Financial Ratio Analysis Q2'19 Q2'18 1H’19 1H’18 Liquidity Ratios Current ratio (times) 2.1 0.6 2.1 0.6 Number of days of inventory 30 40 32 39 Collection period (days) 43 43 43 43 Accounts payable (days) 42
current assets was due to increases in cash & cash equivalent, trade and other receivables and inventories as mentioned above. 2. Cash cycle for the 3-month period ended 31 March 2018 and for the year ended