Ratio Analysis - critical analysis and discussion with proper use of concept and principles

+ Turnover Ratio Types Fixed Assets Turnover 2019('000) 18,047,528 - 54,566,282 2020('000) 19,178,449 - 49,924,982 Sales Fixed assets at NBV (x) =0.3307 =0.3841 18,047,528 = 76,727,093 19,178,449 = 69,908,435 Total Assets Turnover Sales Total assets at NBV (x) =0.2352 =0.2743 Cost of Sales Inventory Turnover = Inventory(x) 13,940,465 = 2,783,723 15,594,783 = 2,184,363 Inventory Turnover Days = Inventory x 365 days Cost of Sales =5.0078 2,783,723 X 365 13,940,465 =7.139 2,184,363 15,594,783 =51.126 x 365 days =72.886 Trade Debtors Trade Debtor Days = Sales 365 days 43,669 x 365 18,047,528 413 X 365 19,178,449 =0.883 =0.008 Trade Creditor Days = Trade creditors X 365 days Total credit purchases 2,011,355 x 365days 13,940,465 1,331,951 x 365 days 15,594,783 = 52.663 =31.175