While gas grills were seeing a 8 percent increase since the previous year charcoal grills had dropped by 3 percent. Charcoal grill penetration was trending down since 1997 and gas grill penetration was trending up. Another contributing factor may have been a increase in price by stores to their private label brands as well as their main competitor (who also produced these stores private brands) increase their price as well. Kingsford had kept the prices the same though some stores had increased the prices on their own. Kingsford had also reduced their media presences since 1996 (because of a decrease in media spending), a direct from the text by Warren explains " The charcoal category was now paying the price for the several years of reduced advertising".
For years 7 and 8, the cost of goods sold decreased by -14.5% or $630,400, which again corresponds to the change in net sales for the same period. This shows that the decrease in COGS is a result of reduced
I calculated an “inventory turnover ratio” which measures the number of times a company sells its inventory during a year. A high rate of turnover indicates easiness in selling inventory; a low rate indicates difficulty. In 2011, the inventory turnover was 6.1. By 2012 the ratio decreased to 5.2. The decrease may be due to a slow ability to turn around merchandise in sales and potentially due to paying a higher cost for goods.
This as well, will continue to lower Lincare’s profits. Lincare’s operating margin additionally declined from 24 percent to 16.6 percent. The 9.5% reimbursement cut on certain durable medical equipment, as well as the 36 month payment cap, and competitive bidding from CMS are negatively affecting the profits of the company. Lincare operating margins have declined from 28.8 in 2005 to 16.6 in 2009 (morningstar.com). Lincare’s Return on Equity has taken a steep decline over the past 5 years going from 21.83% in 2005 down to 14.54% in 2009.
Cost of Goods Sold increased from year 6 to year 7 by $1,048,000.00, or 31.80%. This is normal when sales increase and it is positive that the percentage is lower than sales. From year 7 to 8 Cost of goods sold decreased by $630,400.00 or -14.5% from 7 to 8. This reflects the reduction in sales. It is good that the percentage decrease was lower than sales decrease.
The reason for this would be examined later but other regions apart from Toronto that experienced slight decrease in population are Milton and Orangeville. This decrease in population appears to continue for Orangeville but for Milton and Toronto, this was just a temporary decrease. It should be noted that the top four regions with the greatest change in population over the past 50 (with the documented population sheet provided) includes Milton, Caledon, Vaughan and
Has lost 4.1 million in the 4 years, shift in trends. Bud lite has been increasing by 7.8 million over the 4 years. Lowest light- 2009 to 2010 miller light. Then 2011 to 2012 coors light. Observe: the millers lite took the sales of Coors light.
Regarding operating gains and losses, in 2005 Tiffany realized gains of 33.8 million versus 150.7 million in losses in 2004. However, more importantly, Tiffany & Co. decreased inventories in fiscal 2005 from 175.4 million to 43.6 million. This significant reduction in inventory expense within its cash flow operations aided in Tiffany’s substantial increase in cash reserves for fiscal 2005. Increased Inventories and Operating Losses in 2006 In comparison, Tiffany’s net cash reserves in 2006 decreased to 176.5 million from 393.6 in the prior year. The company’s net cash from operations also decreased from 262.69 million to 233.58 million in 2005, a difference of 29.1 million.
Express has a slight decline of 2% since the year 2012. Macys however has kept a steady 40% since 2012. This informs us that Express has had a decreasing retain of each dollar of sales while Macys has not increased but maintained their direct cost of goods and services sold. This same trend has taken place with the profit margin of both companies since the year of 2012. Express has a slower decline of 1% but a decline nonetheless beginning at 7% in 2012 ending at 5% in 2014.
Alcohol Industry- Beer Sector The alcohol industry is the commercial industry involved in the manufacturing, distribution, and sale of alcoholic beverages. The global alcoholic beverage industry is a multi-billion dollar a year business. Like many other industries it is seeing a growing shift away from mature markets in North America and Europe to newer developing regions such as China, India and Russia. The beer sector is the biggest sector of the Alcoholic Beverage industry, with global annual sales exceeding $325 billion USD. The first beer to be ever brewed was in ancient Mesopotamian which is as early as 10,000 BC.