Component L'Oreal 2019 Revlon 2019

Account receivable turnover ratio 7.40 ___________

Days sales outstanding 49.32 ___________

Inventory Turnover ratio 2.81 __________

Days inventory on hand 129.89 ___________

Accounts payable turnover ratio 1.75 ___________

Days account payable outstanding 208.57 ___________

Operating Cycle 179.21 ___________

Cash Operating cycle 29.36 ___________

Financial Statement Analysis Case: Revlon The following information is from the 2019 financial statements of Revlon, the beauty products company. Revlon Ralanre Sheot Information lin millinn nf inllarel* L'Oreal Balance Sheet Information (in million of dollars)* Required: Use Revlon's and L'Oreals financial information to answer the follow questions: a. What is Revlon's operating cycle (in days) in 2019 and 2018 ? Comment on the change from year to year. b. What is Revlon's cash operating cycle (in days) in 2019 and 2018 ? Comment on the change from year to year. c. What is L Oreal's operating cycle (in days) in 2019? What is L Oreal's cash operating cycle (in days) in 2019? d. Use Revlon's financial information to compare the components of Revlon's operating cycle and cash operating cycle to L'Oral's for 2019