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Unformatted text preview: Receivables Turnover Ratio: 142.8 (Figured as $312,427 M / $2,188.5 M) Wal-Mart has many different types of account receivables. These can include transactions from pharmacy deals, and credit, debit or EBT transactions, as well as other types of accounts. Some of these accounts will have a quicker turnover rate, therefore making the ratio of 142.8 seem reasonable for this company. We must also consider that Wal-Mart is a mass consumer retailer compared to Coca-Cola who only supplies to the retailers who turn around and sale it to the consumers. Therefore, Wal-Mart is bound to have a higher turnover ratio than Coca-Cola. Wendy Eller...
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This note was uploaded on 12/08/2009 for the course AC 116 AC 116 taught by Professor Unknown during the Spring '09 term at Kaplan University.
- Spring '09