Alucon Public Company Limited places great importance on managing its cash flow to ensure the company maintains liquidity for efficient business operations. Additionally, the company is committed to adhering to its policies and practices for selecting trade partners. One of the key policies is to ensure payments to trade partners are made on time, in accordance with the agreed payment terms.

The company has set payment terms (Credit Term) ranging from 5 to 120 days. The average actual payment period is approximately 49 days or sooner, which is within the established framework. Payment periods may vary depending on the type of trade partner, the nature of their operations, the length of the business relationship between the company and the trade partner, and other factors considered appropriate for achieving optimal business efficiency. These payment terms are agreed upon with each trade partner during the onboarding process to ensure the company conducts business fairly with all partners.

Payment Terms for Trade Partners

The company has established regulations and procedures for invoicing and transferring payments for goods and services each year. The payment period is calculated from the date the trade partner submits the invoice in the month the goods or services are delivered. The company reserves the right not to accept any documents crossing into the next month under any circumstances. The payment period will follow the terms specified in the purchase order or contract and will be paid according to the schedule set by the accounting department.