£000 £000 Profitability Gross profit x100 1920 x 100 = 38.87% 2300 x100 = 33.58% Sales 4940 6850 Net profit x 100 460 x100 = 9.31% 450 x100 = 6.57% Sales 4940 6850 Expenses x 100 1460 x 100 = 29.55% 1850 x100 = 27.01% Sales 4940 6850 ROCE 460 x 100 = 12.07% 450 x100 = 9.45% Net profit x 100 3810 4760 Share capital + reserves + long term liabilities Mark up 1920 x 100 = 63.58% 2300 x 100 = 50.51% gross profit x100 3020 4550 Cost of goods Liquidity Current assets: current 1770:560 2390 : 840 liabilities 3.16: 1 2.85 :1 Acid test 1770- 930 : 560 2390 – 1150 : 840 current assets – stock : 840 : 560 1240: 840 current liabilities 1.5 :1 1.48: 1 Efficiency Stock turn ( 630 + 930) ÷2 = 780 (930 +1150 ) ÷2 = 1040 Aver. stock (or closing stock) x 365 780 x 365 = 94 days 1040 x 365 = 83 days Cost of sales 3020 4550
94 days ( or 112 days) 83 days ( or 92 days)
Debtor days 820 x 365 = 61days 1230x 365 = 66 days Debtors x 365 4940 6850 Sales Creditor days 560 x 365 = 62 days 840 x 365 = 64 days Creditors x 365 3320 4770 Purchases Fixed asset turnover 2600 x 100 = 52.63% 3210 x 100 = 46.86% Fixed assets x 100 4940 6850 Sales