Question

amazon average collection period for 2016 and 2017

amazon average collection period for 2016 and 2017

Homework Answers

Answer #1

2016

2017

Net sales

$ 135,987,000.00

$ 177,866,000.00

Beginning accounts receivables

$ 5,654,000.00

$ 8,339,000.00

Ending accounts receivables

$ 8,339,000.00

$ 13,164,000.00

Average accounts receivables

(Beginning accounts receivables+Ending accounts receivables)/2

$ 6,996,500.00

$ 10,751,500.00

Average collection period

(Average accounts receivables*365 days)/Net sales

                      18.78

                      22.06

days

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Amazon Book Value per share 2018 76.68 2017 50.95 2016 37.28 Amazon Earnings Per Share 2018...
Amazon Book Value per share 2018 76.68 2017 50.95 2016 37.28 Amazon Earnings Per Share 2018 20.14 2017 6.15 2016 4.90 Amazon Price/Earning Ratio 2018 84.10 2017 297.58 2016 171.60 Ebay Book Value per share 2018 7.57 Ebay earnings per share 2018 2.55 EBay Price/Earning ratio 2018 15.22 Write analysis of ratio results. Compare ratio results from amazon and ebay. Are common stockholders receiving an adequate return on their investment?
Hatfield donuts limited has an average payment period of 40 days, an average Collection period of...
Hatfield donuts limited has an average payment period of 40 days, an average Collection period of 50 days, and turns its inventory around 10 times per year if management is able to change its average collection period favorable by 9 days. Calculate the new cash conversion cycle
Analysts frequently use average collection period to assess the effectiveness of a company’s credit and collection...
Analysts frequently use average collection period to assess the effectiveness of a company’s credit and collection policies. IF a company sells its goods on a 2/10, n30 basis, and its average collection period is 50 days, (1) should the accounts receivable manager get a bonus or a pink slip?
Alex Ltd reported revenues of 1,592,000 in 2017 and 1,625,400 in 2016. Alex’s AR turnover ratio...
Alex Ltd reported revenues of 1,592,000 in 2017 and 1,625,400 in 2016. Alex’s AR turnover ratio for 2017 was 4.92 and 3.52 in 2016. Calculate Alex’s average collection period for accounts receivable for 2017 and 2016. Show your calculation, round to the nearest day. Identify whether Alex’s AR turnover has improved or declined and explain 2 possible reasons, or policy decisions, that could have made by Alex to impact the company’s turnover ratio.
USE THIS INFORMATION TO ANSWER QUESTIONS Ford GE Amazon 2016 10 - 6 2 2017 -...
USE THIS INFORMATION TO ANSWER QUESTIONS Ford GE Amazon 2016 10 - 6 2 2017 - 5 13 6 2018 14 - 5 1 2019 - 7 18 7 #1 Find the sample correlation coefficient of the return on Ford and the return on GE. a. - .5739 b. - .6833 c. - .9785 d. none of these #2  What is the sample correlation coefficient of the return on GE and the return on Amazon. .3218 .4163 .9849 None of these
A firm’s average age of inventory is 80 days, the average collection period is 50 days....
A firm’s average age of inventory is 80 days, the average collection period is 50 days. a.       With average payment period of 70 days, compute Cash Conversion Cycle (CCC). b.       Explain whether the CCC should be lengthened or shortened.
A firm currently has annual credit sales of $912,500 for which the average collection period is...
A firm currently has annual credit sales of $912,500 for which the average collection period is 30 days. If, in response to allowing the average collection period to increase to 40 days, sales increased by 10 percent, what would be the additional investment in accounts receivable? A. $26,800. B. $35,000. C. $26,000. D. None of the above.
TCBW last year had an average collection period (days sales outstanding) of 29 days based on...
TCBW last year had an average collection period (days sales outstanding) of 29 days based on accounts receivable of $530,000. All of the firm's sales are made on credit. The firm expects sales this year to be the same as last year. However, the company has begun a new credit policy that should lower the average collection period to 22 days. If the new average collection period is attained, what will the firm's accounts receivable balance equal? (Round your answer...
What was the business-Level strategy in the Online Sales Business Division, Amazon in 2016? What was...
What was the business-Level strategy in the Online Sales Business Division, Amazon in 2016? What was the structure in the Online Sales Business Division, Amazon 2016? Was there a fit between the strategy and structure in Online Sales Business Division, Amazon in 2016? Why or Why not?
Class, what is the formula for Average Collection Period? Why do you use it and how...
Class, what is the formula for Average Collection Period? Why do you use it and how does it work? Please provide an example.