A/P Turnover (Activity)

Transcription

1 A/P Turnover (Activity) 1a

2 COGS Avg A/P 1b

3 A/R Turnover (Activity) 2a

4 Net Credit Sales Avg Net Receivables [A/R quality & success in collecting outstanding A/R] 2b

5 A/R Turnover in Days (Activity) 3a

6 Avg Net Receivables (Net Credit Sales 365) [Avg # of days to collect A/R] 3b

7 Acid-Test Ratio (Liquidity) 4a

8 (Cash Equiv + Mrktbl Securites + Net Receivables) Current Liabilities 4b

9 Book Value Per Share (Investor) 5a

10 (Total Stockholders' Equity - Preferred Stock Liquidity Value) # of Common Shares Outstanding [Amt of Stockholder's Equity that relates to each share of Common Stock 5b

11 Cash Ratio (Liquidity) 6a

12 (Cash Equiv + Mrktbl Securites) Current Liabilities 6b

13 Current Ratio (WC Ratio) (Liquidity) 7a

14 Current Assets Current Liabilities 7b

15 Days in A/P (Activity) 8a

16 Avg A/P (COGS 365) 8b

17 Debt / Equity (LT Debt Paying Ability) 9a

18 Total Liabilities Common Stockholders' Equity [Degree of protection to creditors in case of insolvency] 9b

19 Debt Ratio (LT Debt Paying Ability) 10a

20 Total Liabilities Total Assets [% of Assets financed by creditors] 10b

21 Degree of Financial Leverage (Investor) 11a

22 Earnings Before Interest & Taxes Earnings Before Taxes [Factor by which NI will change with a change in EBIT) 11b

23 Dividend Payout Ratio (Investor) 12a

24 Dividends Per Common Share Diluted Earnings Per Share [Portion of Current Earnings being paid out in dividends] 12b

25 Dividend Yield (Investor) 13a

26 Dividends Per Common Share Market Price Per Common Share [Relationship between Dividends & Market Price] 13b

27 Earnings Per Share (Investor) 14a

28 (Net Income - Preferred Dividends) Wghtd Avg # of Common Shares Outstanding 14b

29 Gross (Profit) Margin Percentage (Profitability) 15a

30 Gross (Profit) Margin Net Sales 15b

31 Inventory Turnover (Activity) 16a

32 COGS Avg Inventory [How quickly inventory is sold] 16b

33 Inventory Turnover in Days (Activity) 17a

34 Avg Inventory (COGS 365) [Avg # of days to sell inventory] 17b

35 Memorization Trick 18a

36 Any 'margin' ratio is something divided by sales Any 'turnover' ratio is sales (or a variation of sales) divided by something Any 'return on' ratio is net income (or a variation of net income) divided by something 18b

37 Net Operating Margin Percentage (Profitability) 19a

38 (Net Operating Income) Net Sales 19b

39 Net Profit Margin (Profitability) 20a

40 Net Income Net Sales 20b

41 Operating Cash Flow / Total Debt (LT Debt Paying Ability) 21a

42 Operating Cash Flow Total Debt [Ability to cover Total Debt with yearly cash flow] 21b

43 Operating Cash Flow Per Share (Profitability) 22a

44 Operating Cash Flow Common Shares Outstanding 22b

45 Operating Cycle (Activity) 23a

46 AR Turnover in Days + Inventory Turnover in Days [# of days between acquisition of inventory & realization of cash from selling inventory] 23b

47 Price/Earnings Ratio (Investor) 24a

48 Market Price Per Share Diluted Earnings Per Share [Investment Potential] 24b

49 Return on Assets (Profitability) 25a

50 (Net Income Net Sales) x (Net Sales Avg Total Assets) 25b

51 Return on Common Equity (Profitability) 26a

52 (Net Income - Preferred Dividends) Avg Common Equity 26b

53 Return on Investment (Profitability) 27a

54 (Net Income + Int Exp (1- TxRt)) Avg (LT Liab + Equity) 27b

55 Return on Total Assets (Profitability) 28a

56 Net Income Avg Total Assets 28b

57 Times Interest Earned (LT Debt Paying Ability) 29a

58 (Recurring Income Before Taxes & Interest) Interest [Ability of company to cover Interest charges] 29b

59 Total Asset Turnover (Activity) 30a

60 Net Sales Avg Total Assets [The higher the better - >more effective asset use to generate sales] 30b

61 Working Capital (Liquidity) 31a

62 Current Assets - Current Liabilities 31b

63 Working Capital Turnover (Activity) 32a

64 Sales Avg Working Capital [how effectively WC is being used] 32b