Question
COLUMBIA SPORTSWEAR 2020 2019 2018 Current Ratio 3.358 2.973 3.081 Quick Ratio 2.03 1.75 1.76 Receivable Turnover 5.523 6.232 6.236 Average collection period 54 53
| COLUMBIA SPORTSWEAR | 2020 | 2019 | 2018 |
| Current Ratio | 3.358 | 2.973 | 3.081 |
| Quick Ratio | 2.03 | 1.75 | 1.76 |
| Receivable Turnover | 5.523 | 6.232 | 6.236 |
| Average collection period | 54 | 53 | 58.5 |
| Inventory Turnover | 2.296 | 2.520 | 2.714 |
| Days in Inventory | 201.08 |
|
| NIKE | 2021/ 2020 | 2020/ 2019 | 2019/ 2018 |
| Current Ratio | 2.718 | 2.481 | 2.101 |
| Quick Ratio | 2.38 | 1.77 | 1.29 |
| Receivable Turnover | 9.979 | 13.606 | 9.157 |
| Average collection period | 32 | 35 | 23 |
| Inventory Turnover | 3.586 | 2.873 | 3.850 |
| Days in Inventory | 94.38 | 109.69 | 91.77 |
based on the information above Are ratios improving or worsening over time? How is your company doing compared to its competitor? (1 page)
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275
