Clarkson Lumber CRA-GA1 v1.3+

D calculation of accounts receivable using historical

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Unformatted text preview: ratio Days receivable 93-95 30 days Q2 Q3 Q4 Sales $1,513 $1,513 $1,413 A/R $504 $504 $471 b E: Calculation of Accounts Payable using historical ratio Days receivable 93-95 Purchase A/P 10 days Q2 Q3 $1,180 $1,180 $131 $131 Q4 $1,102 $122 1993 1994 1995 1996 6.53% 11.90% 24.61% 3.32% 2.05% 5.88% 18.28% 24.25% 3.62% 1.96% 4.70% 17.15% 24.23% 3.43% 1.70% 6.95% 20.83% 24.42% 4.40% 2.03% Liquidity Ratios Current ratio Quick Ratio 2.49 1.27 1.58 0.82 1.15 0.61 1.27 0.53 Activity Ratios Days Receivable Days Inventory Days Payable 38.24 48.45 30.62 43.14 51.43 40.48 48.95 53.42 34.22 31.26 47.22 8.13 Leverage and Coverage Ratios Debt/TNW 0.82 EBIT/interest 4.22 OCF/TDS 4.22 2.11 3.00 1.24 2.65 2.77 0.35 1.95 2.76 Profitability Return on Assests Return on Equity Gross Profit to Sales Operating Profit to Sales Net Profit to Sales Exhibit 3 Selected Statistics on Lumber Outlets Low-Profit Outletsa Percent of sales: Cost of goods Operating expense Cash Accounts receivable Inventory Fixed assets, net Total Assets Percent of Total Assets: Current liabilities Long-term liabilities Equity Current ratio Return on sales Return on assets Return on equity a High-Profit Outletsa 76.9% 22.0 1.3 13.7 12.0 12.1 39.1 75.1% 20.6 1.1 12.4 11.6 9.2 34.3 52.7% 34.8 12.5 1.31...
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This note was uploaded on 02/24/2013 for the course BUS 134 taught by Professor Pro during the Spring '13 term at American Jewish University.

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