MAKE A BASIS AND DISCUSSION ON THE SUMMARY OF FINANCIAL RATIOS OF NESTLE. MAKE AN INTERPRETATION AND ANALYSIS ON THE ASSET TURNOVER, INVENTORY TURNOVER, RECEIVABLES TURNOVER, AND AVERAGE COLLECTION PERIOD (DAYS). Ratio Analysis Efficiency Asset turnover Inventory turnover Receivables turnover Summary of Financial Ratios of Nestle 2019 Average collection period (days) 2020 0.68 4.254 7.849 46.519 0.724 4.993 7.867 46.323 Industry Average 449 days 68 days 34 days

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
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Problem 52CE: Asset Efficiency Ratios Selected financial statement numbers for Rutherford Company follow....
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MAKE A BASIS AND DISCUSSION ON THE SUMMARY OF FINANCIAL RATIOS OF NESTLE. MAKE
AN INTERPRETATION AND ANALYSIS ON THE ASSET TURNOVER, INVENTORY TURNOVER,
RECEIVABLES TURNOVER, AND AVERAGE COLLECTION PERIOD (DAYS).
Ratio Analysis
Efficiency
Asset turnover
Inventory turnover
Receivables turnover
Summary of Financial Ratios of Nestle
2020
2019
Average collection period (days)
0.68
4.254
7.849
46.519
0.724
4.993
7.867
46.323
Industry Average
449 days
68 days
34 days
Transcribed Image Text:MAKE A BASIS AND DISCUSSION ON THE SUMMARY OF FINANCIAL RATIOS OF NESTLE. MAKE AN INTERPRETATION AND ANALYSIS ON THE ASSET TURNOVER, INVENTORY TURNOVER, RECEIVABLES TURNOVER, AND AVERAGE COLLECTION PERIOD (DAYS). Ratio Analysis Efficiency Asset turnover Inventory turnover Receivables turnover Summary of Financial Ratios of Nestle 2020 2019 Average collection period (days) 0.68 4.254 7.849 46.519 0.724 4.993 7.867 46.323 Industry Average 449 days 68 days 34 days
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