Wal-Mart Stores, Inc., a retailer. Analyze the firm's short-term liquidity and operating efficiency as of January 31,
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Wal-Mart Stores, Inc., a retailer.
Analyze the firm's short-term liquidity and operating efficiency as of January 31, 2014, using the ratios and information provided.
Financial ratios for the years ended 31 January, | 2014 | 2013 |
---|---|---|
Liquidity | ||
Valid (once) | 0.88 | 0.83 |
fast (times) | 0.24 | 0.22 |
Cash flow liquidity (times) | 0.44 | 0.46 |
Average collection time | 6 days | 6 days |
Number of days the inventory is kept | 46 days | 46 days |
Number of days payable | 38 days | 40 days |
Cash conversion cycle | 14 days | 12 days |
Activity | ||
Fixed asset turnover (times) | 4.10 | 4.09 |
Total asset turnover (times) | 2.31 | 2.29 |
Other informations | ||
Cash flow from operations (in millions of dollars) | 23.257 | 25.591 |
Revenues (in millions) | 473.076 | 465.604 |
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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