Question
Evaluating Grocery Stores Using Efficiency Ratios Below are data for three publicly traded grocery stores that range in size from local (Village Super Markets) to
Evaluating Grocery Stores Using Efficiency Ratios Below are data for three publicly traded grocery stores that range in size from local (Village Super Markets) to regional (Publix) to national (Kroger). Use the ratios below to answer the requirements. Assume that the companies sell roughly the same mix of products and face about the same inventory costs.
| Fiscal 2018 | Publix | Kroger | Village Super Market |
|---|---|---|---|
| Gross profit margin % | 31.1% | 22.8% | 28.6% |
| Number of stores at year-end | 1,272 | 2,902 | 32 |
| Sales ($ per square foot) | $671 | $711 | $1,223 |
| Sales per store ($ millions) | $32 | $46 | $57 |
| Average store size (thousand square feet) | 47 | 65 | 46 |
| COGS (per square foot) | $473 | $557 | $890 |
| Days inventory outstanding | 27.8 | 27.0 | 13.2 |
Required a. On average, which company has the freshest food? AnswerPublixKrogerVillage Super Market b. Which company is least efficient with its space? AnswerPublixKrogerVillage Super Market c. Which company has the lowest prices? AnswerPublixKrogerVillage Super Market d. Which company is busiest? AnswerPublixKrogerVillage Super Market e. Which company has the smallest stores? Answer
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Capital Flows Financial Markets And Banking Crises
Authors: Chia-Ying Chang
1st Edition
0415749557, 978-0415749558
