Average Retail SQ # of $ millions Revenue COGS Inventory Footage (000s) Stores Autozone $11,221 $4,902 $3,913 41,066 6,202 Costco 141,576 121,715 10,437 110,700 762 Home Depot 108,203 71,043 13,337 237,700 2,287 Lowe’s 71,309 48,396 11,977 209,000 2,015 O’Reilly 9,536 4,237 3,102 38,455 5,219 Walmart 511,729 374,623 44,026 1,129,000 11,361 Required a. Compute the days inventory outstanding (DIO) for each company. Note: Do not round until your final answer; round your final answer to the nearest whole day. DIO AUTOZONE Answer days COSTCO Answer days HOME DEPOT Answer days LOWE'S Answer days O'REILLY Answer days WALMART Answer days b. Compute the gross profit margin for each company. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). DIO AUTOZONE Answer COSTCO Answer HOME DEPOT Answer LOWE'S Answer O'REILLY Answer WALMART Answer c. Compute the following two nontraditional efficiency metrics: Revenue per square foot and Revenue per store. Note: Round your answers to two decimal places (for example, enter 6.78 for 6.77555). Revenue per SF Revenue per store AUTOZONE Answer Answer COSTCO Answer Answer HOME DEPOT Answer Answer LOWE'S Answer Answer O'REILLY Answer Answer WALMART Answer Answer

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 87PSB

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Evaluating Turnover and Nontraditional Efficiency Ratios Across Industries
The following information is taken from publicly traded retailers. The data come from the balance sheet, income statement, and Item 2 on the companies’ Form 10‑K filings. Use the information to answer the requirements.

			Average	Retail SQ	# of
$ millions	Revenue	COGS	Inventory	Footage (000s)	Stores
Autozone	$11,221	$4,902	$3,913	41,066	6,202
Costco	141,576	121,715	10,437	110,700	762
Home Depot	108,203	71,043	13,337	237,700	2,287
Lowe’s	71,309	48,396	11,977	209,000	2,015
O’Reilly	9,536	4,237	3,102	38,455	5,219
Walmart	511,729	374,623	44,026	1,129,000	11,361

Required

a. Compute the days inventory outstanding (DIO) for each company.
Note: Do not round until your final answer; round your final answer to the nearest whole day.

	DIO
AUTOZONE	Answer	days
COSTCO	Answer	days
HOME DEPOT	Answer	days
LOWE'S	Answer	days
O'REILLY	Answer	days
WALMART	Answer	days

b. Compute the gross profit margin for each company.
Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%).

	DIO
AUTOZONE	Answer
COSTCO	Answer
HOME DEPOT	Answer
LOWE'S	Answer
O'REILLY	Answer
WALMART	Answer

c. Compute the following two nontraditional efficiency metrics: Revenue per square foot and Revenue per store.
Note: Round your answers to two decimal places (for example, enter 6.78 for 6.77555).

	Revenue per SF	Revenue per store
AUTOZONE	Answer	Answer
COSTCO	Answer	Answer
HOME DEPOT	Answer	Answer
LOWE'S	Answer	Answer
O'REILLY	Answer	Answer
WALMART	Answer	Answer

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