FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:АCTUAL
PROJECTED
FOR THE YEAR ENDED 31 DECEMBER
FOR THE YEAR ENDED 31 DECEMBER
2022
2016
2017
2018
2019
2020
2021
2023
2024
2025
ACTIVITY BATIOS
Net credit sales
103,556,074
3,658,887
146,017,343
5,384,517
99,883,557
6,478,112
91,191,108
126,914,911
104,811,637
104,771,358
103,107,206
98,811,127
97,733,407
Average Accounts Receivable
4,404,739
4,401,909
7,289,064
6,276,075
4,977,095
4,803,411
4,683,139
ACCOUNTS RECEIVABLE TUF
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
12.66
13.46
23.67
25.38
21.86
17.62
17.74
17.49
94,617,560
5,732,881
150,257,881
9,389,129
Cost of Goods Sold
109,694,675
132,420,585
115,726,337
116.350,606
120.146.913
118,752,363
113,105,302
112,535,184
Ave. Inventory Balance
6,411,430
7,823,844
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
Inventory Turnover
365
365
365
365
365
365
365
365
365
365
16.50
17.11
16.93
16.00
12.67
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
Net oredit purchases
Average accounts payable
ACCOUNTS PAYABLE TURNO
109,694,675
23,607,590
132,420,585
26,985,691"
150,257,881
31,517,163
120,146,913
24,173,046
118,752,363
28,645,682
113,105,302
33,444,887
94,617,560
115,726,337
116,350,606
112,535,184
20,743,806
32,841,786
26,877,611
31,469,720
4.56
4.65
4.91
4.77
3.52
4.33
4.97
4.15
3.38
3.58
Ave. Accounts Payable
Cost of Goods Sold
20,743,806
23,607,590
26,985,691
31,517,163
32,841,786
26,877,611
24,173,046
28,645,682
33,444,887
31,469,720
150,257,881
115,726,337
0.28
116,350,606
0.23
94,617,560
109,694,675
132,420,585
120,146,913
118.752,363
113,105,302
112,535,184
0.22
0.22
0.20
0.21
0.20
0.24
0.30
0.28
Multiply by 365 days
365.00
365.00
365.00
365.00
365.00
365.00
365.00
365.00
365.00
365.00
DAYS TO PAY
80.02
78.55
74.38
76.56
103.58
84.32
73.44
88.05
107.93
102.07
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