美国迈阿密大学论文代写：竞争优劣势
美国迈阿密大学论文代写：竞争优劣势
盈利能力比率
在分析Costco和Wal-Mart的财务表现时，显然盈利能力是两家公司的主要关注点之一。但是，由于规模经济和市场资本化，与沃尔玛相比，沃尔玛的净利润率能够达到相当高的水平，并且能够获得适度的资产回报和股本回报2011-2013过去三年平均超过9％。另一方面，好事多一直努力保持稳健的盈利水平，由于这个原因仅仅实现了盈亏平衡（Star，2015）
流动性比率
美国迈阿密大学论文代写：竞争优劣势
结论
对沃尔玛Costco的竞争优势
通过分析2011年，2012年和2013年的比率，显然可以从这些公司的业绩中得出一些有趣的假设。好市多对于债权人来说是一个安全的投资，因为与公司相关的风险相对较低。由于这个原因，公司有可能实现高利润。
沃尔玛对沃尔玛的竞争劣势
Costco虽然善于盈利，但与沃尔玛相比，使用其资产的效率肯定是非常低的。 Costco的另一个问题是公司从债务人那里收回贸易应收账款的时间。公司在这方面挣扎的原因是因为公司与沃尔玛竞争的战略和与客户区分的战略是能够为客户提供独特的购物体验，这可以证明高水平的应收账款该公司想扩大业务。
美国迈阿密大学论文代写：竞争优劣势
Profitability ratios
When analyzing the financial performance of Costco and Wal-Mart, it is evident that profitability is one of the major concerns for both companies. However, due to the economies of scale and market capitalization, Wal-Mart has been able to achieve a considerably high net profit margin when compared to Costco and Wal-Mart and also has been able to earn a modest return on assets and return on equity which averages more than 9% over the past 3 years from 2011-2013. Costco, on the other hand, has struggled to maintain a solid level of profitability and due to this reason has merely achieved a break even (Star, 2015)
Liquidity ratios
美国迈阿密大学论文代写：竞争优劣势
Conclusion
Competitive Advantage for Costco over Wal-Mart
By analyzing the ratios of 2011, 2012 and 2013, it is evident that some interesting assumptions could be derived from the performance of these companies. Costco is a safe investment for its creditors because relatively low risks are associated with the company. Due to this reason, the company has the potential to achieve high profitability.
Competitive Disadvantage for Costco over Wal-Mart
Costco, although is good at making profits, has certainly been very inefficient in using its assets when compared to Wal-Mart. Another problem for Costco is the amount of time it takes for the company to recover its trade receivables from its debtors. The reason the company is struggling in this regard is due to the company’s strategy to compete with Wal-Mart and to differentiate itself from its customers be being able to offer a unique shopping experience to its customers and this could justify a high level of receivables as the company wants to expand its business.
