Most supermarkets have a high inventory turnover ratio but the only company with a high ratio was company D and some of the other ratio didnt support my claim for a supermarket chain.
Company D Aerospace Manufacture
When looking for this company I researched information on Boeing and Airbus. These companies both had a small amount of cash on hand and a lot invested in property plant and equipment. Company C portrayed the characteristics with 49.9% in property, plant and equipment and only 1.4% in cash. I also looked at collection period when deciding that this company could be Aerospace. According to the Boeing websitefrom placing the order to delivering the plane, the process can take anywhere from 3 to 4 months to complete. If you divide the collection period for company D you would get 3.5 months (106/30 days).
Company C Japanese Trading Company View More »