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  • Activity Ratio Group-1 Accounting

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    Lance Miko Condeno
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    The document shows activity ratios for a company in 2020 and 2021. The inventory turnover ratio decreased from 11.94% in 2020 to 8.65% in 2021, and days of inventory increased from 30.57 days to 42.20 days. The accounts receivable turnover ratio decreased from 12.80% in 2020 to 11.41% in 2021, and days of receivable increased from 28.52 days to 31.99 days.

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    ACCOUNTING ACTIVITY RATIO

    Original Title

    ACTIVITY RATIO GROUP-1 ACCOUNTING

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    The document shows activity ratios for a company in 2020 and 2021. The inventory turnover ratio decreased from 11.94% in 2020 to 8.65% in 2021, and days of inventory increased from 30.57 days to 42.20 days. The accounts receivable turnover ratio decreased from 12.80% in 2020 to 11.41% in 2021, and days of receivable increased from 28.52 days to 31.99 days.

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    © All Rights Reserved
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    2 views1 page

    Activity Ratio Group-1 Accounting

    Uploaded by

    Lance Miko Condeno
    The document shows activity ratios for a company in 2020 and 2021. The inventory turnover ratio decreased from 11.94% in 2020 to 8.65% in 2021, and days of inventory increased from 30.57 days to 42.20 days. The accounts receivable turnover ratio decreased from 12.80% in 2020 to 11.41% in 2021, and days of receivable increased from 28.52 days to 31.99 days.

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    © All Rights Reserved
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    of 1

    ACTIVITY RATIO

    a. Inventory Turnover 2020 2021


    Cost of Goods Sold ₱154,412,692 ₱153,291,201
    Average Inventory 12,934,938.05 17,719,559.00
    11.94% 8.65%

    b. Days of Inventory 2020 2021


    365 Days in a Year 365 365
    Inventory Turnover 11.94% 8.65%
    30.57% 42.20%

    c. Accounts Receivable Turnover 2020 2021


    Credit Sales ₱177,156,862 ₱165,951,843
    Average Accounts Receivable 13,836,365 13,750,090
    12.80% 11.41%

    d. Days of Receivable 2020 2021


    365 Days in a Year 365 365
    Receivable Turnover 12.80% 11.41%
    28.52% 31.99%

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