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interpret the following ratio, and compare it with industry, and write your recommendation. Activity Ratios Pepsi Industry Inventory Turnover 52.31 43.48 Average age of inventory
interpret the following ratio, and compare it with industry, and write your recommendation. | Activity Ratios | |
Pepsi | Industry | |
Inventory Turnover | 52.31 | 43.48 |
Average age of inventory | 6.98 | 8.39 |
Accounts Receivable Turnover | 18.52 | 16.49 |
Average collection period | 19.71 | 22.13 |
Account payable turnover | 1.25 | |
Average payment period | 291.77 | |
Total asset turnover | 0.69 | 0.74 |
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