Page 131 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

(Unit: Thousand Baht)
Consolidated Separate
financial statements financial statements

2024 2023 2024 2023
Trade receivables - unrelated parties
Aged on the basis of due dates

Not yet due 112,466 46,914 76,656 46,914
Past due
Up to 3 months 156,359 134,024 146,651 134,024
3 - 6 months 3,799 - - -

6 - 12 months - - - -
Over 12 months 19,167 20,720 19,167 20,720
Total 291,791 201,658 242,474 201,658
Less: Allowance for expected credit losses (19,167) (20,720) (19,167) (20,720)

Total trade receivables - unrelated parties, net 272,624 180,938 223,307 180,938
Total trade receivables - net 279,927 198,173 226,264 198,173

Other receivables
Other receivables - related party (Note 6) 57 1,026 57 1,026
Other receivables - unrelated parties 125 5 125 5
Interest receivables 340 243 340 243

Total 522 1,274 522 1,274
Total trade and other receivables - net 280,449 199,447 226,786 199,447

The normal credit term is 7 days to 120 days.

Set out below is the movement in the allowance for expected credit losses of trade
receivables.

(Unit: Thousand Baht)
Consolidated/Separate
financial statements

2024 2023
Beginning balance 20,720 21,175
Reversal of provision for expected credit losses - (395)
Amount recovered (1,553) (60)

Ending balance 19,167 20,720

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