Asset management ratios (Inventory turnover, days sales outstanding , fixed assets turnover, operating capital requirement, and total assets turnover) Asset Management ratios 2002 2003 2004 Industry Average Inventory Turnover 4.80 4.53 4.10 6.10 Days Sales Outstanding 37.4 39.5 45.5 32.00 Fixed Asset Turnover 9.95 6.21 8.41 7.00 Total Asset Turnover 2.34 2.02 2.00 2.50
Asset management ratios (Inventory turnover, days sales outstanding , fixed assets turnover, operating capital requirement, and total assets turnover) Asset Management ratios 2002 2003 2004 Industry Average Inventory Turnover 4.80 4.53 4.10 6.10 Days Sales Outstanding 37.4 39.5 45.5 32.00 Fixed Asset Turnover 9.95 6.21 8.41 7.00 Total Asset Turnover 2.34 2.02 2.00 2.50
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
- Asset management ratios (Inventory turnover, days sales outstanding , fixed assets turnover, operating capital requirement, and total assets turnover)
Asset Management ratios |
2002 |
2003 |
2004 |
Industry Average |
Inventory Turnover |
4.80 |
4.53 |
4.10 |
6.10 |
Days Sales Outstanding |
37.4 |
39.5 |
45.5 |
32.00 |
Fixed Asset Turnover |
9.95 |
6.21 |
8.41 |
7.00 |
Total Asset Turnover |
2.34 |
2.02 |
2.00 |
2.50 |
How does Cartel Limited’s utilization of assets stack up against other firms in its industry?
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