Account payable 9) Average Payment Period = 360 / Account payable Turnover 10) Cash Cycle = Average Collection Period + Average Inventory Turnover Period - Average Payment Period GFPT Public Company Limited
Account payable 9) Average Payment Period = 360 / Account payable Turnover 10) Cash Cycle = Average Collection Period + Average Inventory Turnover Period - Average Payment Period GFPT Public Company Limited
10) Cash Cycle = Average Collection Period + Average Inventory Turnover Period - Average Payment Period GFPT Public Company Limited Management Discussion and Analysis for the Year 2017 Page 5 of 15 11
owners of the parent increased to 13.6% (+230 bps YoY) due to more efficient cost control in SG&A expenses. Q2’20 cash cycle (Number of days of inventory + Collection period – Accounts payable days) of 44
second-cycle audit inspection with a more robust inspection plan, in response to current audit environment and the deficiencies found during the first cycle. The results, thus far, have shown significant
every process in the revenue cycle to audit, including collection process. Only 11 transactions were followed up during the collection stage since the other transactions had not yet been collected. None
increasing 48.52 million or 26.06%, cause by the Company had administrative expense increase of Baht 11.40 million which is mostly caused by the company closely monitor collection and accelerated disposal of
inspection cycle (2016 to 2018), audit firms in the capital market established and maintained a system of quality control as required by the Thai Standard on Quality Control (“TSQC 1”). The majority of audit
2016 Current Ratio Times 1.91 2.12 Quick Ratio Times 0.50 0.50 Average Collection Period Days 33 37 Inventory Days Days 139 182 Accounts Payable Days Days 43 46 Cash Cycle Days 129 173 Leverage
31 Mar 17 Return on Equity (%) 16.5% 18.9% Return on Assets (%) 12.7% 14.4% Collection period (days) 78 79 Inventory Days 46 44 Account Payable Days 91 101 Cash Cycle (days) 33 22 Leverage & Financial