Question
how can i get three years ratios .

2019 2018 2017 Dollar Change Dollar Ch $ $ S S Millions Assets Curent Assets: Cash and cash equivalents Accounts receivable,
31-Jan-19 31-Jan-18 Dollar Change Dollar S 8 S Millions 9 Revenue: 10 Net sales Menbership and other ind Total Revenue 13 Cos
C D H E 2019 F 2018 G 2017 1 Ratios 2 3. Accounts receivable turnover Net Sale Average accounts receivable, net 4. Days sale
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Answer #1

According to the question, We have following information with us:

2019 2018 2017

Net sales

510,329 495,761 481,317

Average Inventory=Opening bal+Ending bal/2

44,269+43,783/2=88,052 43,783+43,046/2=65,306 43,046+0/2=21,523

Ending inventory

44,269 43,783 43,046
COGS 129,104 126,947 124,617
Accounts receivable, net 6,283 5,614 5,835
Average Accounts Receivable=Opening bal+Ending bal/2 6,283+5,614/2=9,090 5,614+5,835/2=8531.5 5,835+0/2=2917.5

Please refer the above table to calculate the below ratios:

2019 2018 2017
Accounts Receivable turnover=Net sales/average Accounts Receivable 510,329/9,090=56.14times 495,761/8531.5=58.10times 481,317/2917.5=164.97times
Day's sale uncollected=Accounts Receivable,net/Net Sales*365 (6,283/510,329)*365= 4.49days(approx) (5,614/495,761)*365=4.13days(approx) (5,835/481,317)*365=4.42days(approx)
Inventory turnover=COGS/Average Inventory 129,104/88,052=1.466 126,947/65,306=1.94 124,617/21,523=5.78
Average day's inventory on hand=365/Ending Inventory 365/44,269=0.0082 365/43,783=0.0083 365/43,046=0.0084
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