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Consider the following information (2019) on three large corporations in the consumer home- retailing industry: Williams-Sonoma, IKEA Group, and Otto Group. Values are in
Consider the following information (2019) on three large corporations in the consumer home- retailing industry: Williams-Sonoma, IKEA Group, and Otto Group. Values are in millions USD. Calculate all financial metrics relevant to supply chain management. Interpret the values in the financial statements and the metrics you calculate to characterize the supply chain strategies of the firms in comparison to each other. You can use the Internet to gather additional information on the firms, to improve your insights. Williams-Sonoma IKEA Group Otto Group NCOME STATEMENT Revenues 5,898 25,254 14,263 Cost of goods sold 3,759 20,703 8,241 Selling, general and administrative 1,673 2,695 6,377 Other operating income (loss) 0 (5) 787 Operating earnings 466 1,856 432 Interest expense 9 65 141 Earnings before taxes 457 1,791 291 Income tax expense 100 301 77 Net earnings 357 1,490 214 BALANCE SHEET Assets Cash and cash equivalents 432 153 312 Accounts receivable 112 4,692 1,522 Inventories 1,101 4,312 1,595 Other current assets 111 0 1,895 Total current assets. 1,756 9,157 5,324 Property and equipment, net 929 1,663 1,166 Intangible fixed assets 1,166 10,355 1,385 Other long-term assets 203 295 2,866 Total assets 4,054 21,470 10,741 Liabilities Current debt 528 598 763 Accounts payable 521 4,616 1,448 Accrued liabilities/ deferred income 465 193 1,289 Deferred tax liability 23 367 115 Other current liabilities 73 206 1,097 Total current liabilities 1,610 5,980 4,712 Long-term debt 0 6,483 1,983 Long-term operating liabilities 1,094 705 656 Other long-term liabilities 114 4 1,938 Total liabilities 2,818 13,172 9,289 Shareholder's Equity 1,236 8,298 1,452
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