Question
Mr. Price, also known as MRP, is a publicly traded retail company based in South Africa, well known for its focus on value. The group
Mr. Price, also known as MRP, is a publicly traded retail company based in South Africa, well known for its focus on value. The group retails apparel, as well as homeware and sportswear through owned and franchised stores across 14 countries, primarily in Africa. It also services customers globally through its online stores. Focus on the Financial statements of the company and not of the Group.
Issue an overall conclusion on the cash flow of mr price
Income Statement: Vertical Analysis:
2019 | Retail Sales | X | 100 | = | |
Total Sales | |||||
20 877 000 | X | 100 | = | 93.36% | |
22 361 000 | |||||
2018 | Retail Sales | X | 100 | = | |
Total Sales | |||||
19 994 000 | X | 100 | = | 94.38% | |
21 185 000 | |||||
2017 | Retail Sales | X | 100 | = | |
Total Sales | |||||
18 575 000 | X | 100 | = | 94.39% | |
19 679 000 |
Horizontal Analysis:
2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
Retail Sales | 20 877.00 | 19 994.00 | 18 575.00 | 19 038.00 | 17 285.00 | 15 227.00 |
Variance | 883.00 | 1 419.00 | (463.00) | 1 753.00 | 2 058.00 | - |
% | 4% | 8% | -2% | 10% | 14% | 0% |
Profit from Operations | 3 938.00 | 2 732.00 | 3 048.00 | 3 603.00 | 3 076.00 | 2 537.00 |
Variance | 1 206.00 | (316.00) | (555.00) | 527.00 | 539.00 | - |
% | 44% | -10% | -15% | 17% | 21% | 0% |
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