Inventory turnover Cost of Sales Average Inventory 2821725482 958677 3397485 21

Inventory turnover cost of sales average inventory

This preview shows page 3 - 4 out of 4 pages.

Inventory turnover = Cost of Sales / Average Inventory 2.821725482 = 958,677 / 339748.5 21. Number of Days for Inventory Turnover: Columbia Sportswear has an Inventory turnover period of 130 day. This was calculated using data from consolidated statement of operations (p.A-22) and formula: Days' sale in inventory = 365 / Inventory Turnover 129.3534762 = 365 / 2.821725482 22.What method of inventory valuation(s) is the company using? 23.What depreciation method(s) is the company using? 24. Average Accounts Receivable: Average accounts receivable for Columbia Sportswear is $325,859.5 (in thousands). This was calculated using data from the Consolidated Balance Sheet (p.A-21) and formula: Average Accounts Receivable = (Beginning Accounts Receivable + Ending Accounts Receivable) / 2 325,859.5 = (300,181 + 351,538) / 2 25. Accounts Receivable Turnover Ratio: Columbia Sportswear has an Accounts Receivable Turnover ratio of 5.2. This was calculated using data from the Consolidated Statement of Operations (p.A-22) and formula: Accounts Receivable Turnover = Net Sales / Average Accounts Receivable (net) 5.19851347 = 1,693,985 / 325,859.5 26. Number of Days for Accounts Receivable Turnover: Columbia Sportswear has an Accounts Receivable turnover period of 71 days. This was calculated using data from the Consolidated Statement of Operations (p.A-22) and formula: Average Collection Period = 365 / Accounts Receivable Turnover (net) 70.21237939 = 365 / 5.19851347 27.What is the operating cycle of this company?
Image of page 3
28.What is the cash flow from investing activities? 29. What is the cash flow from operating activities? The net cash flow from operating activities in the period ending Dec. 31, 2011 totaled $63,796 (in thousands). This was taken directly from the Consolidated Statement of Cash Flows (p.A-23)
Image of page 4

You've reached the end of your free preview.

Want to read all 4 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes