Money Oriented

Working Capital

2004=

Inventory conversion period = = = 6.33 days.

Receivables collection period = = = 79.2 days.

Payable deferral period = = =10.10 days.

At 2004, the needed time for production from the raw till sold in the market is 6.33 days with 79.2 days collecting payments including maximum 10.10 days late payments.

2005=

Inventory conversion period = = = 14.97 days.

Receivables collection period = = = 131.7 days.

Payable deferral period = = = 13.43 days.

At 2005, the needed time for production from the raw till sold in the market is 14.97 days with 131.7 days collectiong payment including maximum 13.43 days late payments.

2006=

Inventory conversion period = = = 6.99 days.

Receivables collection period = = = 124.7 days.

Payable deferral period = = = 8.06 days.

At 2006, the needed time for production from the raw till sold in the market is 8.06 days with 124.7 days collectiong payment including maximum 6.99 days late payments.

2007=
Inventory conversion period = = = 19.08 days.

Receivables collection period = = = 362 days.

Payable deferral period = = = 24.84 days.

At 2007, the needed time for production from the raw till sold in the market is 19.08 days with 362 days collectiong payment including maximum 24.84 days late payments.

2008=

Inventory conversion period = = = 23.9 days.

Receivables collection period = = = 330.5 days.

Payable deferral period = = = 21.49 days

At 2008, the needed time for production from the raw till sold in the market is 23.9 days with 330.5 days collectiong payment including maximum 21.49 days late payments.