adequacy Description units As of 31 December 2017 2016 Current Ratio times 7.63 4.27 Quick ratio times 4.47 2.82 Inventory turn over times 4.71 4.76 Average debt collection days 79 80 Current ratio was
5.90 5.83 Quick Ratio 3.08 3.17 Inventory Turnover 3.37 3.26 • Current ratio was 5.90 times, increased from the year 2016 which was equivalent to 5.83 times because current assets and current liabilities
Current assets have increased largely due to additional inventory predominantly fuel. Non-current assets have decreased in line with depreciation with no major investments planned in 2019 other than
and equipment and inventory), intellectual property, contracts and licenses in connection with and used for such business operation including all personnel related thereto, to in the Subsidiary
& Shareholders’ Equity Current assets have decreased largely due to reduced inventory predominantly fuel as it is used in production. Non-current assets have decreased in line with depreciation with no major
material’s cost higher than the selling price. Eventhough, the Company has tried to manage the inventory turnover and the period of sale as the following; The price of crude palm oil for Bangkok Jan Feb Mar
future project development. 3. Inventory increases 633.64 million THB or 6.72% i.e. from 9.42968 billion THB to 10.06332 billion THB, resulting from 2 projects completed in Q1/2020, one of which is a
% (12.59) (7.9%) Current investments 83.07 6.1% 196.37 12.7% 113.3 136.4% Trade & Other receivable 114.24 8.3% 130.87 8.5% 16.63 14.6% Current contract assets 24.58 1.8% 26.11 1.7% 1.53 6.2% Inventory 9.42
1.31% or 1.43% as compared to the same period of last year, due to the increased sales price of raw material. However, the Company has emphasised on managing raw materials and inventory to have a faster