Question
Based on the table below answers the following: 1- describe Yanbu National Petrochemical Co performance compare to Saudi Basic Industries Corp.(support your answers with analysis)
Based on the table below answers the following:
1- describe Yanbu National Petrochemical Co performance compare to Saudi Basic Industries Corp.(support your answers with analysis)
2- illustrate the strengths and weaknesses of Yanbu National Petrochemical Co compare to Saudi Basic Industries Corp.(support your answers with analysis)
| Yanbu National Petrochemical Co. | Saudi Basic Industries Corp. | ||||||||
| Trading name: YANSAB | Trading name: SABIC | ||||||||
| Sector: Materials | Industry Group: Materials | Sector: Materials | Industry Group: Materials | ||||||||
| 1. Activity Ratios | 2021 | 2020 | 2019 | 2018 | AVERAGEA 4 years | ||||
| 1 | Inventory turnover | Cost of goods sold | Average inventory | 4.74 | 4.88 | 6.21 | 6.19 | 4.3 | Times |
| 2 | Day of inventory on hand(DOH) | 365 | Inventory turnover | 77 | 75 | 59 | 59 | 86.1 | Days |
| 3 | Receivable turnover | Sales Revenue | Average Receivable | 3.2 | 2.8 | 3.5 | 3.6 | 7.2 | Times |
| 4 | Days of sales outstanding (DSO) | 365 | Receivable turnover | 115.8 | 130.0 | 105.5 | 100.7 | 50.7 | Days |
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
