雪城大学论文代写:大众汽车

雪城大学论文代写:大众汽车

这三个比率和流动比率是用来分析营运资本效率。公司的销售回款有助于了解需要多少天公司的债权人得到的钱，他们出售的商品。小雅这比更好的公司。下一个比天销售库存有助于获得一个想法，在多少天公司清理库存。这一比例也应少。但在这里我们看到公司有高天的销售库存。其次是天应付帐款。这一比率告诉多久，公司需要支付其债务。天数应高的公司。

唯一的主要关注的是日销售库存较高，为该公司其他所有营运资本比率是好的。

其次是对公司的长期前景的想法的偿债能力比率。在这一部分主要是资产负债比率，负债比率（资产负债），以及财务杠杆。通常资产负债率应低于一。这个行业的收入是不稳定的；现金流是周期性的，运营利润率是可持续的，公司支付高股息给股东。因此，这个行业可以说是周期性行业，上攻的机会非常大，缺点也很高（其实，史密斯和麦基.，1995）。

雪城大学论文代写:大众汽车

These three ratios and the current ratio is used to analyze the working capital efficiency. Firm’s days sales outstanding helps to understand how many days it takes the firm to get the money from the creditors to which they have sold the goods. Lesser this ratio better it is for the firm. The next ratio days sales of inventory helps to get an idea that in how many days the firm clears its inventory. This ratio should also be less. But here we see the firm has high day’s sales of inventory. Next is the days accounts payable. This ratio tells how long the firm takes it to pay its debtors. The number of days should be high for the firm.

The only major concern is the days sales of inventory which is high for this firm else all the working capital ratios are fine.

Next are the solvency ratios which give an idea about the company long term prospects. Major ratios in this section are debt to equity, debt ratio (debt to total assets), and financial leverage. Debt to equity ratio should normally be below one. Revenues for this industry are not stable; cash flows are cyclical, operating margins are sustainable and companies pay high dividends to the shareholders. Thus this industry can be said to be cyclical industry where the upside chances are very high and the downside is also high (Noreen, Smith & Mackey., 1995).