Question: Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry. AutoZone O'Reilly Average 2015 Inventory $3,280,868 $2,592,902 2015 Sales
Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry.
| AutoZone | O'Reilly | |
|---|---|---|
| Average 2015 Inventory | $3,280,868 | $2,592,902 |
| 2015 Sales | 10,187,340 | 7,966,674 |
| 2015 Cost of goods sold | 4,860,309 | 3,804,031 |
| Average 2014 Inventory | $3,000,557 | $2,464,918 |
| 2014 Sales | 9,475,313 | 7,216,081 |
| 2014 Cost of goods sold | 4,540,406 | 3,507,180 |
Use the information above to compute the companies' gross profit margin and days inventory outstanding for both years. Round answers to one decimal place (ex: 0.2345 = 23.5%).
| Gross Profit Margin | ||
|---|---|---|
| AutoZone | O'Reilly | |
| 2015 | Answer | Answer |
| 2014 | Answer | Answer |
Round to answers to one decimal place.
| Days Inventory Outstanding | ||
|---|---|---|
| AutoZone | O'Reilly | |
| 2015 | Answer | Answer |
| 2014 | Answer | Answer |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
