Danaher Corporation manufactures a variety of products, including electronic measurement instruments and network communications products, water quality

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Danaher Corporation manufactures a variety of products, including electronic measurement instruments and network communications products, water quality measurement systems, and medical and dental instruments. Selected financial statement data and related performance indicators follow.

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How well did Danaher manage its inventories over the three-year period?

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Financial Reporting and Analysis

ISBN: 978-1259722653

7th edition

Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer

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Question Posted: Apr 28, 2017 08:10 AM

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Danaher Corporation manufactures a variety of products, including electronic measurement instruments and network communications products, water quality

Question:

Danaher Corporation (S in millions) 2012 2013 2014 Sales Cost of goods sold Average inventory Selected performance measures: $18,260.4 8,846.1 1,797.4 $19 118.0 9,160.4 1,798.5 $19,913.8 9,471.3 1,807.5 Gross profit (%) Inventory turnover ratio 5 1.6% 4.92 521 % 5.09 52.4% 5.24

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Danahers inventory turnover ratio improved from 2012 to 2014 Inventor...View the full answer

Financial Reporting and Analysis

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