Identify, and explain the relevance of, Debt/Equity and Accounts receivable turnover financial ratios for bega cheese companies and their peers over a historical period of five financial years.

Explain the performance of the bega company compared to its peers using this analysis

Analyze and explain the reasons for changes in these ratios over the past five years and compared to the average of the past five years

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A2 Milk Company Ltd | Ratios - Key Metrics Ratios - Key Metrics Annual Standardised in Millions of Australian Dollars Industry Median 1.449070 Period End FX Rate (NZD/AUD) Liquidity Quick Ratio Current Ratio Leverage Assets/Equity Debt/Equity Operating A/R Turnover Avg. A/R Days Inv Turnover Avg. Inventory Days 0.84 1.29 2.05 0.24 16.4 22.3 5.5 66.3 20-Sep-2022 05:06 2022 2.34 2.66 0.904363 0.931185 0.934803 1.45 0.11 2021 16.9 21.7 6.2 59.2 3.58 3.99 1.27 0.02 2020 15.8 23.1 5.4 68.3 3.21 3.69 1.28 0.01 25.3 14.5 6.0 61.4 2019 0.956837 2.65 3.15 1.28 0.00 20.7 17.6 6.8 53.8 2018 0.913807 2.72 3.12 1.29 0.00 14.0 26.2 9.9 37.0 A2 Milk Company Ltd | Ratios - Key Metrics Ratios - Key Metrics Annual Standardised in Millions of Australian Dollars Industry Median 1.449070 Period End FX Rate (NZD/AUD) Liquidity Quick Ratio Current Ratio Leverage Assets/Equity Debt/Equity Operating A/R Turnover Avg. A/R Days Inv Turnover Avg. Inventory Days 0.84 1.29 2.05 0.24 16.4 22.3 5.5 66.3 20-Sep-2022 05:06 2022 2.34 2.66 0.904363 0.931185 0.934803 1.45 0.11 2021 16.9 21.7 6.2 59.2 3.58 3.99 1.27 0.02 2020 15.8 23.1 5.4 68.3 3.21 3.69 1.28 0.01 25.3 14.5 6.0 61.4 2019 0.956837 2.65 3.15 1.28 0.00 20.7 17.6 6.8 53.8 2018 0.913807 2.72 3.12 1.29 0.00 14.0 26.2 9.9 37.0

Answer rating: 100% (QA)

Step 1 Financial ratios 1 Current ratio This is a ratio which measures if a company can pay off its short term obligations using its current assets It is calculated by dividing current assets by curre... View the full answer