For this discussion, please complete the following tasks: Use the publicly trade

For this discussion, please complete the following tasks:
Use the publicly traded company you were assigned for the first discussion.
Identify the company in the title or top line of your post.
Download the discussion table  Download discussion table.
Navigate to the Ready Ratios website (Links to an external site.) and enter your company name in the Search box.
Scroll down to the area that has the Activity ratios, and note the following ratios for both your company and for the Industry. 
Receivables Turnover (in days)
Inventory Turnover (in days)
Scroll back to the top of this page and select the Statements link.  This will take you to a page that lists the last several years’ worth of financial data. 
Scroll down the Balance Sheet and retrieve the last two years’ worth of data for Accounts Payable.  Average these two numbers together and note your result on the discussion table.
Continue scrolling down this same page and retrieve the Cost of Goods Sold information from the Income Statement.  Find the most recent two years of data. Average these two numbers together and note your result on the discussion table.
Click the button below and download the data for your Industry.
Industry Data
NAICS 336411 – Aerospace Industry.pdf  Download NAICS 336411 – Aerospace Industry.pdf  
NAICS 481111 – Airline Industry.pdf Download NAICS 481111 – Airline Industry.pdf
NAICS 333111 – Agriculture & Construction Machinery and Equipment Download NAICS 333111 – Agriculture & Construction Machinery and Equipment
NAICS 448100 – Apparel & Fashions Industry.pdf  Download NAICS 448100 – Apparel & Fashions Industry.pdf 
NAICS 335200 – Appliances Manufacturing  Download NAICS 335200 – Appliances Manufacturing  
NAICS 334513 – Artificial Intelligence and Robotics Industry.pdf  Download NAICS 334513 – Artificial Intelligence and Robotics Industry.pdf  
NAICS 336100 – Automobile and Truck Manufacturing Industry.pdf Download NAICS 336100 – Automobile and Truck Manufacturing Industry.pdf
NAICS 522100 – Banks and Lending Industry.pdf  Download NAICS 522100 – Banks and Lending Industry.pdf   
NAICS 325412 – Biotechnology, Drugs & Genetics Industry.pdf Download NAICS 325412 – Biotechnology, Drugs & Genetics Industry.pdf
NAICS 511210 – Computer software, Managment Systems and ERP Download NAICS 511210 – Computer software, Managment Systems and ERP
NAICS 237000 – Construction Industry.pdf  Download NAICS 237000 – Construction Industry.pdf  
NAICS 545100 – eCommerce Industry.pdf Download NAICS 545100 – eCommerce Industry.pdf
NAICS 220000 – Electric, Gas and Water Utilities Industry.pdf  Download NAICS 220000 – Electric, Gas and Water Utilities Industry.pdf 
NAICS 512110 – Entertainment & Media Industry.pdf  Download NAICS 512110 – Entertainment & Media Industry.pdf   
NAICS 722513 – Fast Food Industry.pdf Download NAICS 722513 – Fast Food Industry.pdf
NAICS 312100 – Beverage Manufacturing Industry.pdf  Download NAICS 312100 – Beverage Manufacturing Industry.pdf  
NAICS 452910 – General Merchandise, Discount and Club stores Download NAICS 452910 – General Merchandise, Discount and Club stores
NAICS 444110 – Home, DIY, and Garden Centers Download NAICS 444110 – Home, DIY, and Garden Centers
NAICS 721110 – Hotel Industry.pdf Download NAICS 721110 – Hotel Industry.pdf
NAICS 334111- InfoTech, Computers & Software Industry.pdf  Download NAICS 334111- InfoTech, Computers & Software Industry.pdf   
NAICS 211111 – Oil & Gas Exploration and Production Download NAICS 211111 – Oil & Gas Exploration and Production
NAICS 325620 – Personal Care and Cosmetics Industry.pdf  Download NAICS 325620 – Personal Care and Cosmetics Industry.pdf  
NAICS 446110 – Pharmacies & Drug Stores Download NAICS 446110 – Pharmacies & Drug Stores
NAICS 221118 – Renewable Energy  – Wind, Hydro and Solar Industry.pdf Download NAICS 221118 – Renewable Energy  – Wind, Hydro and Solar Industry.pdf
NAICS 451110 – Sporting Goods Retail Download NAICS 451110 – Sporting Goods Retail
NAICS 492110 – Transportation, Supply Chain & Logistics Industry.pdf Download NAICS 492110 – Transportation, Supply Chain & Logistics Industry.pdf
NAICS 517110 – Wireless, Wi-Fi, & Cellular Industry.pdf  Download NAICS 517110 – Wireless, Wi-Fi, & Cellular Industry.pdf   
Open your Industry report and scroll down to the section called Ratios.  Find the Efficiency ratios for Days in Sales, Days in Inventory, and Days in Payment, and enter your results on the discussion table.
Using the data you have collected compute the Cash Cycle for your company and its industry.
In your original post, answer the following:
First, copy and paste your tables.
Write a brief summary of the main business operations.
What do you notice about the company’s ratios and its cash cycle?
How does this information compare to the industry?
Can this company manage both the accounts payable period and the cash cycle? Why, or why not?

Post navigation

Leave a Reply

Your email address will not be published. Required fields are marked *