Chapter 3: Walmart and Macys Financials

The various financial metrics for Walmart, Macys, Amazon, and Nordstrom for one year are as follows:

Compare the supply chain performance of these companies using the following metrics (assume a tax rate of 35%):

Return on Assets

Return on Equity

ROFL

Profit Margin

Asset Turnover

APT

ART

INVT

PPET

C2C (Weeks)

Comparison of Firm Performance
	Walmart	Macy's	Amazon.com	Nordstrom Inc.
Net operating revenues	469,162	27,686	74,452	12,148
Cost of goods sold	352,488	16,538	54,181	7,432
Gross profit	116,674	11,148	20,271	4,716
Selling, general, and administrative expense	88,873	8,482	19,526	3,371
Operating income	27,801	2,661	745	1,345
Interest expense	2,251	425	141	160
Other income (loss) - net	187	-134	-98	0
Income before income taxes	25,737	2,102	506	1,185
Income taxes	7,981	767	161	450
Net income	17,756	1,198	274	735
Assets
Cash and cash equivalents	7,781	1,836	8,658	1,285
Net receivables	6,768	371	4,767	2,129
Inventories	43,803	5,308	7,411	1,360
Total current assets	59,940	7,876	24,625	5,081
Property, plant and equipment	116,681	8,196	10,949	2,579
Goodwill	20,497	3,743	2,655	175
Other assets	5,987	615	1,930	254
Total assets	203,105	20,991	40,159	8,089
Liabilities and Stockholder Equity
Accounts payable	59,099	4,951	21,821	1,011
Short-term debt	12,719	124	0	7
Total current liability	71,818	5,075
Long-term debt	41,417	6,806	3,191	3,124
Total liabilities	126,243	14,940	30,413	6,176
Stockholder equity	76,343	6,051	9,746	1,913