https://www.adidas-group.com/media/filer_public/e9/73/e973acf3-f889-43e5-b3c0-bc

Question

https://www.adidas-group.com/media/filer_public/e9/73/e973acf3-f889-43e5-b3c0-bc870d53b964/2015_gb_en.pdf

Please find the annual report on this link and page number 182,183,184,185,186

Find out Adidas group 2015 annual reports, review the reports and Calculate the following Ratios:

1. ROE - Return on equity

2. Current Ratio

3. Quick Ratio

4. Debt to equity ratio

5. Debt to total assets ratio

6. Accounts receivable turnover

7. Inventory turnover

8. Accounts payable turnover

9. Days sales of receivables

10. Days sales of inventory

11. Days purchases in payables

12. Total asset turnover

13. Fixed asset turnover

14. Gross profit margin percentage

15. Operating profit margin percentage

16. Net profit margin percentage

Please provide all the answer.....

Thank you.....

Explanation / Answer

1. ROE = net income / average stockholders' equity = 640/((5648+5618)/2) = 11.36%

2. current ratio = current assets/current liabilities = 7497/5364 = 1.40

3. quick ratio = quick assets / current liabilities = (7497-3113)/5364 = 0.82

4. Debt to equity ratio = debt / stockholder equity = (5364+2332)/5648 = 1.36

5. Debt to total assets ratio= debt / total asset = (5364+2332)/13343 = 0.58

6. Accounts receivable turnover = sales / average Accounts receivable = 16915/((2049+1946)/2 = 8.47

7. Inventory turnover = COGS / average inventory = 8748/((3113+2526)/2) = 3.10

8. Accounts payable turnover= COGS / average accounts payable = 8748/((2024+1652)/2) = 4.76

9. Days sales of receivables = 365/account receivable turnover = 365/8.47 = 43.09 days

10. Days sales of inventory = 365/inventory turnover = 365/3.10 = 117.74 days

11. Days purchases in payables = 365/accounts payable turnover = 365/4.76 = 76.68

12. Total asset turnover = sales / average total assets = 16915/((13343+12417)/2) = 1.31

13.  Fixed asset turnover = sales /average fixed assets = 16915/((5846+5070)/2) = 3.10

14. Gross profit margin percentage = gross profit / sales = 8168/ 16915 = 48.29%

15. Operating profit margin percentage = operating profit / sales = 1059/16915 = 6.26%

16. Net profit margin percentage = net profit / sales = 640/16915 = 3.78%

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