Thammasat University Launches “TBS Triple C”, the First Business Liquidity Index Platform in Thailand

On the occasion of the 82nd anniversary of Thammasat Business School, Thammasat University has collaborated with Creden Asia Co.Ltd., a business information provider, to build TBS Triple C platform. The 3C represents “Cash Conversion Cycle” or financial cycle that compiles the liquidity index of all businesses across the country and, for the first time, such information is accessible to everyone without any cost.

Data from almost 500,000 companies has been collected and processed as a “TBS Triple C” index. TBS Triple C index is used to understand the liquidity of the business, especially with an economic condition that the suppliers are lacking liquidity.

“Normally, this index is used to observe liquidity of members in the Supply Chain. However, this year, Creden, a financial service provider, showed information of 500,000 companies that registered under the Ministry of…