Analyze the significant trends for the 3 years for liquidity. Include the inventory valuation method the company uses, as well as the policy for credit and collection and the effect these have on liquidity ratios.

Competitor Industry 2019 1359759 1.55 0.70 0.41 Company 2018 1832340 1.88 0.62 0.24 2017 1805393 1.83 0.57 0.16 Retail Retail Retail Retail -10.81 1.05 77.39 3.41 -1.25 1.03 61.096 1.57 11.59 2.02 59.096 Retail Retail Retail Retail 1.44 3.64 100.34 11.15 3.03 120.62 3.99 2.90 126.07 35.68 Liquidity Ratios Short-Term Debt Paying Ratios Working Capital Current Ratio Acid Test Ratio Cash Ratio Long-Term Solvency or Financial Leverage Times Interested Eamed Fixed Charge Coverage Debt Ratio Debt: Equity Ratio Asset Utilization or Turnover Ratios Inventory tumover Days Sales in Inventory Receivables Turnover Days Sales in Receivables Operating Cycle Profitability Ratios Net Profit Margin Ratio Total Asset Tumover Return on Assets Operating Income Margin Sales to Fixed Assets ROE Return on Common Equity Gross Profit Margin Investor Ratios Degree of Financial Leverage Earnings per Share Diluted Earnings per Share Price/Earnings Ratio Percentage of Earnings Retained Dividend Payout Dividend Yield Retail Retail Retail Retail Retail 5.596 1.55 -896 -696 7.80 -3596 -0.89 3296 1.1% 1.77 -2% -196 6.49 -5% -0.20 34% 3.4% 1.78 6% 69 6.47 15% 0.62 36% Retail Retail Retail Retail Retail Retail Retail Retail 4.41 -4.94 -4.94 2.57 -1.02 -1.02 2.44 3.05 3.04 Retail Retail Retail Retail Retail Retail Retail 211.73 -1496 696 1089.50 -63% 496 371.92 20% 396