WebWhere is cash tied up? Some potential cash traps include: Cash sitting in non-interest bearing accounts; Unnecessary or underused inventory; Fixed assets: building, equipment, cars, etc. ... Excess Investment in Receivables: 15 days: 1 Day’s Sales (Annual Sales/365) $54,795: Cash Invested in Excess Receivables: $821,925: Cost of … Web1. BrainGames Inc. Inc. has 14.04 days of sales tied up in receivables, which is much higher than the industry average. This means that it takes BrainGames Inc. more time to collect cash from its customers than IntelliGames Inc. investment in assets. A higher total asset turnover ratio indicates greater efficiency.
. 3. Asset management ratios Asset management ratios are used to...
Web1. Our Play has (14.4/9.86) days of sales tied up in receivables, which is much (higher/lower) than the industry average. It takes Our Play (less/more) time to collect … Weba. Sales are budgeted at $200,000 for May. Of these sales,$60,000 will be for cash; the remainder will be credit sales. One-half of a month's credit sales are collected in the month the sales are made, and the remainder is collected in the following month. All of the April 30 accounts receivable will be collected in May. b. sigma receptors als 2022
14 x11 Financial Management B - Financial Management (B
WebFeb 14, 2024 · Answer: A LOW days of sales outstanding represents an efficient credit and collection policy. Between the two companies, Like Games is collecting cash from its customers faster than Our Play, but both companies are collecting their receivables less quickly that the industry average.(5.51 days) Our Play’s fixed assets turnover ratio is … Weba/r turnover in days. + inventory turnover in days. working capital. current assets - current liabilities. current ratio. current assets. current liabilities. acid-test ratio. cash equivalents + marketable securities + net receivables. WebNov 4, 2024 · By dropping its DSO by just one day, the business could immediately liberate the equivalent of £274k. However, imagine dropping 57 days DSO down to 15 days! Reducing DSO so significantly would liberate the equivalent of £11.5m in cash. Capital that would otherwise have been sitting in the receivables ledger, supporting customers by … the printing train anaheim