ASSIGNMENT: 01 Alok industry is a textile manufacturing company. It is certified by an ISO 9001:2000. It was established in the year 1986, and became a public limited company in the year 1993. Main products of alok industries are weaving, knitting, readymade garments, processing, home textiles, apparel fabric and the polyster yarns. There exports is 26% of its products all over 90 countries. Ashok B jiwrajka is the chair person of the company and Dilip B Jiwrajka is the MD of the company. The company has 16 manufacturing plants and they are located at New Mumbai , Silvasa and vapi. There are more than 20, 000 employees in these company. There total income by the end of Mar 2015 was Rs. 223555.4 Million and the net profit by the end of Mar …show more content…
And in the Indian market with Bombay Dyeing, Abhishek Industries, Indo Count Industries and Welspun. whereas in the polyester segment they have competition with the Reliance Industries. Whereas there key competitor for the apparel fabrics are competitors from Vardhman Textiles, Bombay Rayon Fashions and Arvind mills. For thre polyester Yarn the main competition is with the Chinese manufacture because they dominate the global market of polyester with approximate 70% market share. It has a largest cotton trading facility in India which is at Silvasa, and they maintain the raw cotton for an average of nine months. Fabric division is one of the key business in that it includes the product like fashion wear, daily wear, cotton blends etc. strong growth has been seen in the recent year from the year 2009, that time production was estimates as 54,996 million sq. m and it is becoming globally competitive as …show more content…
Which is very good sign for the company as the day to day activities are inceasing. If we see the investing activies then we can interpret that the company is investing more as compared to the last two years may be in assets or any thing else. While in the financing cash is going out of the company for the financial purpose where as in the year 2013 and 2012 cash was coming in the company may be in the form of loan or redemption. If we see the operating profit of a company after tax then it has been increased from 2010-11 to 2012-13 which was Rs. 404.36 cr. toRs. 920.16 Cr. But it is decreased in the year 2013-2015 to 348.76. And the net sales of a company is increasing continuously if we see the data of last three years then it is increased by 12.93% to Rs.22,130.72 cr. EBIDTA has been maintained at Rs. 5,636.55 Cr. for the year 2015 but little lower as compared to the previous year. The annual turnover of company is exceeding from Rs. 13000
Weekly 2 Upon reading this paper, one will gain a better understanding of American Eagle Outfitters’ financial reports. We will discover when American Eagle Outfitters’ most recent reporting year ended. American Eagle Outfitters’ balance sheets, income statements, and cash flow statements will be examined. The amount of net income and the amount of revenue for the most recent year will be displayed, along with the company Ernst & Young LLP whom audits American Eagle Outfitters (Bethel, 2017). American Eagle Outfitters, Inc. is a casual apparel company similar to Abercrombie & Fitch (Saunders, Olazábal, Cave, & Sacasas, 2002).
Their first year they earned $155,000 and made a $40,000 profit. Take that Papa Jimmy
Economic analysis and company performance forecasting are necessary for making investment management (Hiriyappa,2008). There is lack of investment management which has exerted burden over the company to keep getting revenue for current as well as new production plants. If the new plants were set up after examination of organization’s structure and forecast of sales and revenue, then the situation would have been easier. The company mainly depends upon reports by managers who are not communicating well with each other as they are not co-operative. There is an information overload which as barrier to effectively communicate within the organization (Robbins, 2011).
Any company or organizations need to analyze how its financial resources get used every time. The primary aim for this is to ensure accountability and maximum utilization of the resources available. From my calculations General Hospital is doing well in some sectors while it is performing poorly in others. For example the recommended SSP standards of accounts receivable recommends that it should be below than 46.2.The hospitals collections per years do not match up to their projected figures and thus they should cut down on expenses. The ratio of current assets to liabilities is favorable and up to the standards set.
Chipotle develops and operates fast-casual Mexican food restaurants. Chipotle’s menu is focused on burritos, tacos, burrito bowls, and salads, made with fresh ingredients. Chipotle has a commitment to “ Food with Integrity”. Chipotle began to use organically grown local products, dairy and meats from animals that were raised with high standards. Chipotle works very closely with their suppliers “Food with Integrity” speaks to the emerging demographic base.
Also, there was big changes in account receivable. Net cash provided by investing during 2014 increased by $ 1.0 billion because increase in capital expenditure. The sales of 4GT LTE affect investing activity because verizon invest more cash in their capital expenditure. Net cash provided by financing during 2014 increased about 54% and by $31 billion. For example, there was a big changes in Stock.
The total value of the firm has been calculated with the help of PV of cash flows and the continuing value and it shows an amount of
According to their lastest published financial statement , in 2013 they had $909,797,201 in assets, $592,740,013 in liabilities, and expended $4,199,618 for salary and benifits, $824,634 for administration, $726,920 for Professional Servcies, $20,149,055 for Projects Costs, and $226,818
On the date of February 3,2018, the total revenue is $3,795,549.00. The Cash Flow Statements has nothing listed for a revenue. The only one listed is the income statements which are statement of operations(AEO,2018). The financial statements audited through investors and the ownership of the company. The auditor for the company are investors and how the operations
The Indian textiles chart (document 1) shows how India used more machines to increase yarn and cloth production in 1914 as opposed to 1884. The chart shows how machine-spun yarn, in addition to the amount of the amount of machine produced cloth is quickly gaining the amount of handwoven yarn, which shows how the uses of machines in the textile industry are increasing. An Indian Economist (document 6) in 1996 talks of how handweavers are unable to compete with the machine-made cloth producers, and is therefore rapidly declining. This shows India’s step towards a more efficient mechanized cloth industry. Compared with India’s cloth textiles, Japan’s chart of cotton yarn (document 2) shows that Japan is rapidly producing in the textile industry because of the pounds of cotton and yarn made.
Due to their huge success, control over suppliers can be always be maintained by the company. Rivalry among the competitors is the force to reckon with and it is the one that will decide the future profitability of the fashion industry. Competition in fashion is very high since there are only a handful of competitors when looking at the giants. Future Industry evolution Scenario 1 The future of today’s world is technology.
In order to explicitly analysis the clothing industry, emphasis must be laid on Textile
Profits came in slightly above its earlier estimate, at 7.39 trillion, or $6.45 billion, up a
With the increase number of buyer,the industry of fabrics’