Calculate the average life, average age, and asset turnover ratios for Exxon Mobil. Discuss what each ratio tells you in the context of your chosen company. Calculate the accounts receivable turnover ratio and convert that ratio into days. Discuss what each ratio tells you in the context of your chosen company. Assets Fiscal year is January-December. All values USD millions. 2018 2019 Cash & Short Term Investments 3.04B 3.09B Cash Only 3.04B 3.09B Short-Term Investments - - Total Accounts Receivable 24.7B 26.97B Accounts Receivables, Net 19.64B 21.1B Accounts Receivables, Gross 20.04B 21.51B Bad Debt/Doubtful Accounts (400M) (405M) Other Receivables 5.06B 5.87B Inventories 18.96B 18.53B Finished Goods 14.8B 14.01B Work in Progress - - Raw Materials 4.16B 4.52B Progress Payments & Other - - Other Current Assets 1.27B 1.47B Miscellaneous Current Assets 1.27B 1.47B Total Current Assets 47.97B 50.05B
Calculate the average life, average age, and asset turnover ratios for Exxon Mobil. Discuss what each ratio tells you in the context of your chosen company. Calculate the
Assets
|
Fiscal year is January-December. All values USD millions. |
2018 |
2019 |
|
|
Cash & Short Term Investments |
3.04B |
3.09B |
|
|
Cash Only |
3.04B |
3.09B |
|
|
Short-Term Investments |
- |
- |
|
|
Total Accounts Receivable |
24.7B |
26.97B |
|
|
Accounts Receivables, Net |
19.64B |
21.1B |
|
|
Accounts Receivables, Gross |
20.04B |
21.51B |
|
|
|
(400M) |
(405M) |
|
|
Other Receivables |
5.06B |
5.87B |
|
|
Inventories |
18.96B |
18.53B |
|
|
Finished Goods |
14.8B |
14.01B |
|
|
Work in Progress |
- |
- |
|
|
Raw Materials |
4.16B |
4.52B |
|
|
Progress Payments & Other |
- |
- |
|
|
Other Current Assets |
1.27B |
1.47B |
|
|
Miscellaneous Current Assets |
1.27B |
1.47B |
|
|
Total Current Assets |
47.97B |
50.05B |
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