Casey's General Store Financial Ratios

From 2005-2014 the DPO ratio has increased 37%, meaning it takes the company longer periods of time to pay its invoices from trade creditors. Dick’s Sporting Goods Dick’s accounts payable and COGS have steadily increased over the period indicating that the firm has become bigger with the need to purchase more inventory to sell off. Their AP % change/overall sales % change shows major fluctuations between the years of 2006 and 2009. This again can most likely be attributable to the recession. With the lack of sales during this period there would be less of a need for inventory, which would decrease COGS and accounts payable needed to buy the inventory.

I would focus on the current and debt to asset ratio. Boot Barn current ratio was very good, but I would focus on the ability to lower the current liabilities. I would focus on paying the current liabilities off and as often as possible which in turn would improve the current ratio. I would also sell off any unproductive asset that is not bringing value added money which would improve the current ratio. This would allow little more inventory on hand which then we could investigate the sales of that product.

In 1953, Joe Andrews, Sr. became the first non-founder franchise owner with a location in Alice, Texas.

Figure 4Inventory Turnover for a Few Example Companies The inventory turnover for both Hershey and Nestle is 5.16 times. So Tootsie Roll’s inventory management is consistent with its competition. Measuring Profitability Ratios Profitability ratios measure a company’s ability to use its assets efficiently to produce profits. These ratios provide users of financial information with useful data such as how much net income is generated from each dollar of revenue and how much net income is generated per share of stock.

The Current Ratio is used to evaluate a company’s ability to satisfy its financial obligations. If the calculated result is less than 1.00, it implies a company cannot pay its obligations thereby risking the company’s financial health unless action is taken to correct the negative trend. In contrast, if the ratio result is greater than 1.00, it is usually interpreted positively and implying a greater likelihood of said company to handle assets and capital successfully. Calculating Whole Foods current ratio, a result of 1.47 (see Appendix B for calculations for all Current Ratios) implies the company is efficiently able to turn its SKU’s into cash within a favorable operating cycle. This is similar to Sprouts Farmers Market that resulted at 1.50 and Kroger with 7.63 giving these competitors a closer advantage (Sprouts Farmers Market,2016) than Walmart’s surprising ratio of .93 for 2016.

The inventory was sold and replaced 5.49 times in the year of 2013. This ratio is high. This means that the demand for the Dollarama’s products is high. This indicates that Dollarama Inc.’s performance in the fiscal year of 2013 is high. 5) Discuss the debt to equity ratio and what it says about how Dollarama finances its operations?

This is a strategically important liquidity ratio because it shows Kelly Services efficienciently they use their

A liquidity ratio

Over the 5 years looked at they had a range of 66%-70% in liabilities and 29%-33% in stockholders’ equity. There gross profit never got above 30% in the 5 years and there total net income available to common stockholders was right around 4%, except for the year in which they closed all of their Canadian stores. There weren’t too many surprises in Target’s percentage change statement, again, except the year they close the Canadian stores. Cash went up 83%, while Net income shot up the year after they had to pay for all those stores. Looking at both statements, Target’s future look bright with slight percentage increases in almost every category.

Return on equity decline 4.78％ is a huge decline, the result is profit from operation decline but total equity was increase 26.69％(169644000~214915000). Return on capital employed in profit from operation decline and total equity increase significantly case just decline 0.73％, it is because non-current liabilities was decline. Operating profit percentage decline 0.70％ it is because profit from operation decline and operation cost increase. Interest cover decline 0.03times should pay attention to this, because it is relate to whether obtain loan from the bank, even only a small decline. Earnings per share, current ratio and the quick ratio increase are few good news.

This makes them to choose Lowe’s over others. Weakness Lack of control over product manufacturing Lowe ’s obtain its stock from around 7,000 domestic and foreign suppliers. Therefore, the control over product quality is limited and Lowe’s is also vulnerable to risks related to foreign policies and the financial stability of those countries.

Retail Segment sales increased 3.7 percent over 2009 due to a 2.1 percent comparable-store increase combined with the contribution from new stores. Figures 1 and 2 further illustrate Target’s financial performance over this period of time. Figure 1: Target Corp. Financial Graphs 2006-2010 • Figure 2: Target Corp.

Stock prices fell down by 54% in 2008 FY, Because it is depending largely on debt. Falling from $61 in2007 to $28.31 in 2008, it recovered slowly from 2009to 2 Future With rising trend of ecommerce business, there is huge potential for the company to increase its profitability through its online

What has truly made Kroger a powerhouse is it manufacturing capabilities, and it certainly shows. Kroger owns and operates 37, nearly zero-waste, food processing facilities. These facilities produce everything from dairy products, bakery products, general grocery and more. An impressive 26% of Kroger’s total sales are directly made from its corporate brands, giving Kroger a distinct advantage (Kroger, p.4). Their current management team continues to carry out the message sent by Barney all those years ago.

While this is still a positive ratio, it is lower compared to the 0.32 profit margin