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प्रश्न
Calculate
- Inventory turnover ratio
- Trade receivables turnover ratio
- Trade payables turnover ratio and
- Fixed assets turnover ratio from the following information obtained from Aruna Ltd.
| Particulars | As of 31st March 2018 (₹) | As of 31st March 2019 (₹) |
| Inventory | 3,60,000 | 4,40,000 |
| Trade receivables | 7,40,000 | 6,60,000 |
| Trade Payable | 1,90,000 | 2,30,000 |
| Fixed assets | 6,00,000 | 8,00,000 |
Additional information:
- Revenue from operations for the year ₹ 35,00,000
- Purchases for the year ₹ 21,00,000
- Cost of revenue from operation ₹ 16,00,000
Assume that sales and purchases are for credit.
उत्तर
(i) Inventory turnover ratio- `"Cost of revenue from operations"/"Average Inventory"`
Average Inventory = `("Opening Inventory + Closing Inventory")/2`
`= (3,60,000 + 4,40,000)/2`
= Rs. 4,00,000
Inventory turnover ratio = `1600000/400000` = 4 times
(ii) Trade receivable turnover ratio = `"Credit revenue from operations"/"Average Trade receivable"`
Average Trade receivable = `("Opening trade receivable + Closing trade receivable")/2`
`= (7,40,000 + 6,60,000)/2`
= Rs. 7,00,000
Trade receivable turnover ratio = `3500000/700000` = 5 times
(iii) Trade payable turnover ratio = `"Net Credit purchases"/"Average Trade Payables"`
Average Trade Payables = `("Opening trade payable + Closing trade payable")/2`
`= (1,90,000 + 2,30,000)/2`
= Rs. 2,10,000
Trade payable turnover ratio = `2100000/21000` = 10 times
(iv) Fixed assets turnover ratio = `"Revenue from operations"/"Average fixed assets"`
Average fixed assets = `("Opening fixed assets + Closing fixed assets")/2`
`= (6,00,000 + 8,00,000)/2`
= Rs. 7,00,000
Fixed assets turnover ratio = `3500000/700000` = 5 times
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संबंधित प्रश्न
From the following information calculate a debt-equity ratio.
Balance Sheet (Extract) as on
31st March, 2019
| Particulars | Amount ₹ |
| I. EQUITY AND LIABILITIES | |
| 1. Shareholders' funds | |
| (a) Share capital | |
| Equity share capital | 6,00,000 |
| (b) Reserves and surplus | 2,00,000 |
| 2. Non-current liabilities | |
| Long-term borrowings (Debentures) | 6,00,000 |
| 3. Current liabilities | |
| (a) Trade payables | 1,60,000 |
| (b) Other current liabilities | |
| Outstanding expenses | 40,000 |
| Total | 16,00,000 |
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Debt equity ratio is measure of ______.
To test the liquidity of a concern, which of the following ratios are useful?
- Quick ratio
- Net profit ratio
- Debt-equity ratio
- Current ratio
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Current liabilities ₹ 40,000; Current assets ₹ 1,00,000; Inventory ₹ 20,000. Quick ratio is
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What does the return on investment ratio indicate?
The credit revenue from operations of Velavan Ltd, amounted to ₹ 10,00,000. Its debtors and bills receivables at the end of the accounting period amounted to ₹ 1,10,000 and ₹ 1,40,000 respectively. Calculate trade receivables turnover ratio and also collection period in months.
From the following information of Geetha Ltd., Calculate fixed assets turnover ratio
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