StudentShare solutions
Triangle menu

Financial Management: The two companies, Woolworths and Coles - Essay Example

Nobody downloaded yet

Extract of sample
Financial Management: The two companies, Woolworths and Coles

Also, there were more cash sales within the period 2003-2005, but this figure started rising again in 2006, meaning that the company has either increased its credit extension period, say from 60 to 90 days or it is facing difficulties in collecting receivables in recent times. This is a warning signal that there will soon be a problem of managing working capital. This is clearly depicted by the drop in the ratio of cash flows from operating activities to sales in 2007. The company is facing liquidity difficulties and so care should be taken if one has to invest in it.
The sales growth for Coles has been mixed as it varied over the period of time. As expected, inventory has moved almost in the same direction as sales for Coles but Receivables/Sales as well as Cash flow/sales have not shown the same correlation between the two variables. However, other ratios can be used to evaluate the companies based on the data provided for both companies for 2006 and 2007. These can be summarised in the table below.
From the above ratios, we can safely assume that the Coles is less leveraged company as compared to Woolworth. ...Show more


The two companies, Woolworths and Coles are group companies dealing with assorted products such as liquor and fuel, general merchandise, hotel and catering and so on. This shows a good level of diversification of their products. The consolidated financial statements of the companies however, give us a vivid knowledge of the performance of both groups as they operate in a competitive world…
Author : devanbode
Financial Management: The two companies, Woolworths and Coles essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Financial Management: The two companies, Woolworths and Coles"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Business Report
an analyst of a company for Ethical investment. The company specializes in investing for long term in companies with stable financial performance, good corporate governance and undertaking appropriate environmental friendly practices. The analyst is interested to make a comparison of all the above elements of the three well known companies dwelling from different industries.
12 pages (3000 words) Essay
Compare between two companies
Qatar Petroleum operates on a national scale, whereas Coca Cola is an international brand. In addition, the scope of this research will also include background of the two companies as well as comparison between them. Training and development People always seem to use the words Training and development synonymously.
6 pages (1500 words) Essay
Management Accounting and Financial Accounting: two branches of the accounting
According to Robert N. Anthony: "Management Accounting is concerned with accounting information that is useful to management" (1) Management Accounting and Financial accounting are the two branches of the accounting -Financial accounting is concerned with the recording of day-to-day transactions of the business.
3 pages (750 words) Essay
Management Report for Woolworths UK
He was well received in Liverpool with enthusiastic shoppers thronging the premises. However, the retail chain store industry has undergone numerous dynamics and Woolworths seems to be a victim of these circumstances. The report shall highlight some of the internal and external challenges that have affected the company.
11 pages (2750 words) Essay
Financial Management: Woolworths and Coles
A simple relationship in the growth of inventory, accounts receivables and cash flow from operating activities for Woolworths can be shown in the chart below. The above chart shows that between the years 2003-2006, Woolworth had managed its inventory well and thus, had a better and efficient inventory management system.
3 pages (750 words) Essay
Two Companies
The problem in this case is a drop in quality that has occurred because of overloaded engineering staff. (Maynard and Fackler, 2006). The Company expanded into the United States but retained most of its development in Japan and during
8 pages (2000 words) Essay
Describe two companies
Sobeys Inc. is one of the biggest grocery retailers and food distributors found in Canada. It owns around 1,300 stores that can be found in all Canadian provinces under banners such as Sobeys, IGA, Price Chopper and IGA Extra (Report Linker, 2009). Empire
2 pages (500 words) Essay
Write and 150 words introduction
This report is aimed at analyzing SABMiller’s takeover bid of Foster. SABMiller is one of world’s leading brewers with its operations in over six countries. Foster, on the other hand, is Australia’s leading
1 pages (250 words) Essay
Comparison of Two Companies
o sell surplus groceries; first day’s stock was purchased by his demob money which he received after he had left the Royal Flying Corp at the end of the Great War. It was in the year 1924, that Cohen for the first time sold his own brand of tea which was Tesco Tea, and it was
12 pages (3000 words) Essay
Analyze and compare two companies strategic management areas
In the year 2007 the company became a Public Company making its shares to be listed on Qatar Stock Exchange. Mannai Corporation is
10 pages (2500 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Contact Us