FOR THE YEAR ENDED 31 DECEMBER FOR THE YEAR ENDED 31 DECEMBER 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 ACTIVITY RATIOS 126,914,911 4,401,909 Net credit sales 91,191,108 103,556,074 146,017,343 99,883,557 104,811,637 104,771,358 103.107.206 98,811,127 97,733,407 Average Accounts Receivable 4,404,739 3,658,887 5,384,517 6,276,075 6,478,112 15.42 7,289,064 4,977,095 4,803,411 4,683,139 ACCOUNTS RECEIVABLE TURNOVER 20.70 28.30 28.83 27.12 14.38 16.69 20.72 20.57 20.87 365 Days 365 365 365 365 365 365 365 365 365 365 Trade Receivable Turnover 20.70 28.30 28.83 27.12 15.42 14.38 16.69 20.72 20.57 20.87 DAYS TO COLLECT 17.63 12.90 12.66 13.46 23.67 25.38 21.86 17.62 17.74 17.49 109,694,675 6,411,430 132,420,585 7,823,844 150,257,881 9,389,129 Cost of Goods Sold 94,617,560 115,726,337 116,350,606 120,146,913 118,752,363 113,105,302 112.535,184 Ave. Inventory Balance 5,732,881 9,130,956 8,029,258 7,889,329 7,969,449 7,734,548 7,527,148 INVENTORY TURNOVER 16.50 17.11 16.93 16.00 12.67 14.49 15.23 14.90 14.62 14.95 365 Days 365 365 365 365 365 365 365 365 365 365 Inventory Turnover 12.67 16.50 17.11 16.93 16.00 14.49 15.23 14.90 14.62 14.95 DAYS TO SELL 22.12 21.33 21.57 22.81 28.80 25.19 23.97 24.50 24.96 24.41 94,617,560 20,743,806 109,694,675 23,607,590 132,420,585 26,985,691 101 Net credit purchases 116,350,606 120,146,913 24,173,046 118,752,363 28,645,682 150,257,881 115,726,337 113,105,302 112,535,184 Average accounts payable 31,517,163 32,841,786 26,877,611 33,444,887 31,469,720 ACCOUITS DAVARIE TURNOVER 4 CE 401 177 422 107 2 28 4.07 116
FOR THE YEAR ENDED 31 DECEMBER FOR THE YEAR ENDED 31 DECEMBER 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 ACTIVITY RATIOS 126,914,911 4,401,909 Net credit sales 91,191,108 103,556,074 146,017,343 99,883,557 104,811,637 104,771,358 103.107.206 98,811,127 97,733,407 Average Accounts Receivable 4,404,739 3,658,887 5,384,517 6,276,075 6,478,112 15.42 7,289,064 4,977,095 4,803,411 4,683,139 ACCOUNTS RECEIVABLE TURNOVER 20.70 28.30 28.83 27.12 14.38 16.69 20.72 20.57 20.87 365 Days 365 365 365 365 365 365 365 365 365 365 Trade Receivable Turnover 20.70 28.30 28.83 27.12 15.42 14.38 16.69 20.72 20.57 20.87 DAYS TO COLLECT 17.63 12.90 12.66 13.46 23.67 25.38 21.86 17.62 17.74 17.49 109,694,675 6,411,430 132,420,585 7,823,844 150,257,881 9,389,129 Cost of Goods Sold 94,617,560 115,726,337 116,350,606 120,146,913 118,752,363 113,105,302 112.535,184 Ave. Inventory Balance 5,732,881 9,130,956 8,029,258 7,889,329 7,969,449 7,734,548 7,527,148 INVENTORY TURNOVER 16.50 17.11 16.93 16.00 12.67 14.49 15.23 14.90 14.62 14.95 365 Days 365 365 365 365 365 365 365 365 365 365 Inventory Turnover 12.67 16.50 17.11 16.93 16.00 14.49 15.23 14.90 14.62 14.95 DAYS TO SELL 22.12 21.33 21.57 22.81 28.80 25.19 23.97 24.50 24.96 24.41 94,617,560 20,743,806 109,694,675 23,607,590 132,420,585 26,985,691 101 Net credit purchases 116,350,606 120,146,913 24,173,046 118,752,363 28,645,682 150,257,881 115,726,337 113,105,302 112,535,184 Average accounts payable 31,517,163 32,841,786 26,877,611 33,444,887 31,469,720 ACCOUITS DAVARIE TURNOVER 4 CE 401 177 422 107 2 28 4.07 116
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
explain the result of
|
DAYS TO COLLECT |
| INVENTORY TURNOVER |
| DAYS TO SELL |
| ACCOUNTS PAYABLE TURNOVER |
Transcribed Image Text:АCTUAL
PROJECTED
FOR THE YEAR ENDED 31 DECEMBER
FOR THE YEAR ENDED 31 DECEMBER
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
ACTIVITY RATIOS
Net credit sales
91,191,108
103,556,074
126,914,911
146,017,343
99,883,557
104,811,637
104,771,358
103,107,206
98,811,127
97,733,407
Average Accounts Receivable
4,404,739
3,658,887
4,401,909
5,384,517
6.478.112
7,289,064
6,276,075
4,977,095
4.803,411
4.683.139
ACCOUNTS RECEIVABLE TURNOoVER
20.70
28.30
28.83
27.12
15.42
14.38
16.69
20.72
20.57
20.87
365 Days
365
365
365
365
365
365
365
365
365
365
Trade Receivable Turnover
20.70
28.30
28.83
27.12
15.42
14.38
16.69
20.72
20.57
20.87
DAYS TO COLLECT
17.63
12.90
23.67
12.66
13.46
25.38
21.86
17.62
17.74
17.49
Cost of Goods Sold
94,617,560
109.694.675
132,420,585
150.257,881
115,726,337
116.350,606
120,146,913
118,752,363
113,105,302
112.535.184
7,823,844
16.93
Ave. Inventory Balance
5,732,881
6,411,430
9,389,129
9,130,956
8,029,258
7,889,329
7,969,449
7,734,548
7,527,148
INVENTORY TURNOVER
16.50
17.11
16.00
12.67
14.49
15.23
14.90
14.62
14.95
365 Days
365
365
365
365
365
365
365
365
365
365
14.49
14.62
Inventory Turnover
DAYS TO SELL
16.50
17.11
16.93
16.00
12.67
15.23
14.90
14.95
22.12
21.33
21.57
22.81
28.80
25.19
23.97
24.50
24.96
24.41
Net credit purchases
Average accounts payable
94,617,560
20,743,806
132,420,585
115.726,337
120,146,913
112,535,184
118,752,363
28,645,682
109,694,675
150,257,881
116,350,606
113.105,302
23,607,590
26,985,691
31,517,163
32.841,786
26,877,611
24,173,046
33,444,887
31,469,720
ACCOUNTS PAYABLE TURNOVER
4.56
4.65
4.91
4.77
3.52
4.33
4.97
4.15
3.38
3.58
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