Using the ratios and information given below for SportsOutlet.com, analyze the short-term liquidity and operating efficiency of the firm. 2015 2014 Current ratio 1.50 1.35 Quick ratio 1.15 1.08 Cash...


Using the ratios and information given below for SportsOutlet.com, analyze the short-term liquidity and operating efficiency of the firm.








































































2015




2014




Current ratio



1.50




1.35




Quick ratio



1.15




1.08




Cash flow liquidity ratio



1.39




1.32




Average collection period



10 days




7 days




Days inventory held



35 days




28 days




Days payable outstanding



86 days




79 days




Cash conversion cycle



(41 days)




(44 days)




F
ixed asset turnover



27.36 times




22.14 times




Total asset turnover



1.93 times




2.21 times




Cash flow from operations (in millions)



$523




$376




Net sales (in millions)




$6,743




$5,187




Jun 07, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here