DPR Cms Group 4 Docx

8/8/2019 DPR Cms Group 4 Docx

http://slidepdf.com/reader/full/dpr-cms-group-4-docx 1/20



Executive Summary

Soapy Rides is a prominent hand car wash serving the NFC,NEW DELHI. Soapy Rides will be run

by RAHUL JHA , VARUN NARAIN, GAURAV MEHRA, JASPREET SINGH, of the prominent CMS

family.

The Business

Soapy Rides will be providing customers with three services: exterior car washing, interior cleaning,

and detailing. Soapy Rides has no true competitors that are trying to offer a high quality service for a

reasonable rate. Most are trying to compete on price alone. Soapy Rides' ability to provide a high

quality service, both in regards to the actual washing as well as customer service is all based on

their ability to find the best employees. Hiring the best employees is cost effective because it

decreases HR costs associated with turnover and other employee costs. Hiring the best employees

and making sure that they are well taken care of ensures that they in turn take care of the

customers. Study after study proves that a happy employee is far more likely to provide the highest

level of customer service compared to an employee who is not happy and feels that they are being

taken advantage of.

The Customers

Soapy Rides will target three main groups of customers: individual car owner and leasers, car

dealerships, and local businesses. The surrounding area is quite affluent, 40% of the residents earn

over Rs70,00,000 a year. Consequently, they have nice cars and want them to look nice. There are

five different car dealerships within a three-mile radius which will require car washing services for the

various fleets. Lastly, there are many different local businesses that have company cars and that

require clean appearances.

Management

The company soapy rides has a very strong, experienced and professional management team.

With each member working in their area of specialization we have every aspect of the business

covered.

Jaspreet Singh will be: Owner/Operator with 35% ownership and will be responsible for

buying, customer sales and fittings.

Varun narain will be: Co-owner with 26% ownership and will act as merchandising consultant,

employee training and part-time sales.

Gaurav Mehra will be: Co-owner with 19% ownership and will act as Operation Manager

responsible for payable and receivables, inventory control, in store promotions, billing and sales.

Rahul Jha will be: co-owner and working partner with 20% ownership and will act as CRM

Manager and Procurement.



Soapy Rides is positioning itself as the premier hand car wash serving the South Delhi area. We

have forecasted a 20% market share. The business will generate a very high gross margin and a

modest net margin after year one and comfortable margin after year three. By year three the

business will have developed a respectable yearly net profit.

0

500000

1000000

1500000

2000000

2500000

year 1 year 2 year 3

sales

gross margin

net profit



1.1 Objectives

The objectives for Soapy Rides Car Wash and Detail Service are:

1. To be viewed as a premium car wash and detail service in South Delhi.

2. Maintain a very high gross profit margin.

3. Maintain a modest, steadily growing net profit margin.

4. Expand to two locations after third year of operation.

1.2 Mission

The mission of Soapy Ride is to provide top-quality washing and detail service for luxury car owners

in South Delhi will work to keep employees satisfied in order to maintain impeccable customer

service.

Company Summary

2.1 Company Ownership

The company will be solely owned by by RAHUL JHA , VARUN NARAIN, GAURAV MEHRA,

JASPREET SINGH, of the prominent CMS family.We felt NFC, Delhi would be a perfect location for

a car wash service.

2.2 Start-up Summary

The start-up expenses for Soapy Rides will be financed by :Jaspreet Singh will be: Owner/Operator with 35% ownership and will be responsible for

buying, customer sales and fittings.

Varun narain will be: Co-owner with 26% ownership and will act as merchandising consultant,

employee training and part-time sales.

Gaurav Mehra will be: Co-owner with 19% ownership and will act as Operation Manager

responsible for payable and receivables, inventory control, in store promotions, billing and sales.

Rahul Jha will be: co-owner and working partner with 20% ownership and will act as CRM

Manager and Procurement.

We have been working with a local graphic designer to develop a logo, letterhead, and company

brochures. We have not been in the wash and detailing business, which is a very different service

(quick turnaround per car is incredibly important). For this reason he is working with an acquaintance

to set up the system that will ensure efficient service even during peak usage.



Rent on the location has been negotiated and will be Rs1,2000 per month. In addition, insurance for

the business will be approximately Rs2000 per month and will be paid by direct debit on a monthly

basis. Expensed equipment includes three high-power water pumps, two industrial vacuum

cleaners, two computer terminals, and one cash register. All of the equipment will be depreciated

over three years.

The location was previously used as a quick stop automobile service shop, so it is set up to move

vehicles quickly through the premises, but does not have all the necessary systems in place to host

a car wash and detail facility. The services of a contracting company will be sought to convert the

use of the facility and to improve the customer waiting room facilities.

Start-up

Requirements

Start-up Expenses

Legal Rs5000

Stationery etc. Rs4000

Brochures Rs4500

Consultants Rs00

Insurance Rs2000Rent Rs1,2000

Research and Development Rs3000

Expensed Equipment Rs4,1000

Signs Rs7000

Building Materials Rs1,2000

Building Labor Rs1,0000

Total Start-up Expenses Rs10,0500

Start-up Assets

0

50000

100000

150000

200000

250000

300000

EXPENCES ASSETS INVESTMENTS LOANS

START UP

RS



Cash Required Rs8,7000

Start-up Inventory Rs2500

Other Current Assets Rs1,0000

Long-term Assets Rs10,0000

Total Assets Rs19,9500

Total Requirements Rs30,0000

Start-up Funding

Start-up Expenses to Fund Rs10,0500

Start-up Assets to Fund Rs19,9500

Total Funding Required Rs30,0000

Assets

Non-cash Assets from Start-up Rs11,2500

Cash Requirements from Start-up Rs8,7000

Additional Cash Raised Rs00

Cash Balance on Starting Date Rs8,7000

Total Assets Rs19,9500

Liabilities and Capital

Liabilities

Current Borrowing Rs0

Long-term Liabilities Rs0

Accounts Payable (Outstanding Bills) Rs0

Other Current Liabilities (interest-free) Rs0

Total Liabilities Rs0

Capital

Planned Investment

Investor 1 Rs30,000

Investor 2 Rs0

Other Rs0Additional Investment Requirement Rs0

Total Planned Investment Rs30,0000

Loss at Start-up (Start-up Expenses) (Rs10,0500)

Total Capital Rs19,9500

Total Capital and Liabilities Rs19,9500

Total Funding Rs30,0000

Services

Soapy Rides will provide three services to its customers:

y Car washing (exterior)

y Car cleaning (interior)

y Car detailing



Market Analysis Summary

The car wash will be based in NFC, NEW DELHI. This area has a number of benefits in terms of the

market that it will provide for the business. Over 40% of households in the immediate neighborhood

earn over Rs70,00,000 annually. Many people in the neighborhood own and/or lease new cars and

place great value on their cars and how they look. There are a large number of car dealerships in thearea--five within three miles of the proposed location for Soapy Rides.

4.1 Market Segmentation

Soapy Rides segments its customers by type of car ownership. We believe that the type of car that a

person owns says volumes about their driving, and, therefore their car washing and detailing

requirements.

1. New car owners: Owners of newer cars are most likely to use a hand car washing

service. These owners take great pride in their cars and will bring them often to the wash and

detail service. The goal with these customers is to promote regular use of the wash and detail

service. The aim is to inform these customers that Soapy Rides will keep their car looking as

good as it did the day they drove it off the lot.

2. Older luxury car owners: These people have either owned their high-end luxury cars for

several years or are unable to afford the expense of a new luxury car but want the feel of

relaxed driving. Both of these groups want to keep their cars in the best shape possible. Those

who have bought second-hand cars will often spend many hours in their cars and will place

high importance on keeping their cars looking good. These owners will bring their cars in for regular washes and occasional details.

3. Sports car owners: These people are often younger or middle-aged men and will regard the

look of their car as important. They will also pride themselves on the look of their car and will

have their car hand washed (at least) weekly. These drivers will have an occasional detail, but

will keep their cars so clean the detail will not be necessary very often.

4. Lifetime owners: Many of these people have owned their cars for more than five or six years,

and are more likely to be women. They are attached to their cars as friends and though it may

be more sensible for them to purchase a new car, they will bring their car in for a wash

occasionally, just when the car is dirty. They like their cars to look presentable, and want to

keep it in good shape but are not tied up in the look of their car. For this reason, they will not

have a detail carried out on their car unless they are selling it.

5. Dealerships: There are five new and used car dealerships within three miles of the proposed

location of Soapy Rides. These dealerships often use outside car wash services to detail their

vehicles before they are put up for sale. In addition, there are fifteen other car dealerships

within a seven mile radius of Soapy Rides.



6. Local businesses: Some local businesses have fleets of cars and small vans that must be

kept clean to maintain their company image. These businesses will be looking for a cost

effective, efficient car washing service to perform this service, and will prefer to use a car wash

service during the week rather than during weekends, like the general public.

Market Analysis

Year 1 Year 2 Year 3 Year 4 Year 5

Potential

CustomersGrowth CAGR

New Car

Owners10% 7,200 7,920 8,712 9,583 10,541 10.00%

Older

Luxury Car

Owners

15% 12,500 14,375 16,531 19,011 21,863 15.00%

Sports Car

Owners15% 6,500 7,475 8,596 9,885 11,368 15.00%

LifetimeOwners

10% 17,000 18,700 20,570 22,627 24,890 10.00%

New andUsed Car

Dealerships

7% 9 10 11 12 13 9.63%

Total 12.28% 43,209 48,480 54,420 61,118 68,675 12.28%



4.2 Target Market Segment Strategy

The strategy behind Soapy Rides target segmentation is to attract customers who will be repeat

users and will frequent the business in the typically quiet times for a car wash business. It will not be

difficult to attract customers during the summer months and on the weekends, the weekdays

however, especially in the winter, people will not think about having their cars washed. For this

reason, Soapy Rides will target people who will tend not to be restricted to these busy times.

y Business owners (new car owners) tend to be very busy people, but are often able to make

their own hours.

y Retired people (older luxury car owners) are not restricted by typical work schedules so will be

able to frequent the car wash during the week.

y Dealerships will need cars detailed and washed regardless of the time of the day and

week. This will supply a constant flow of traffic.

y Businesses will need their fleet cars washed during the week during regular business hours.

4.3 Service Business Analysis

Everything from local children raising money for their youth group on a Saturday by cleaning cars, to

the automatic car wash machines, are competition for Soapy Rides. However, these two alternatives

aim to meet the needs of the price-conscious individuals who are choosing the service simply so

they do not have to clean the car themselves. Soapy Rides on the other hand, targets the quality-

conscious individuals who value their car enough to spend Rs100-Rs150 per week to make it look

good.

4.3.1 Competition and Buying Patterns

There is some other hand car wash shop in NFC.It is quite new and is trying to compete with

automatic car washes by offering low prices. However, it is not targeting the customers who seek

quality cleaning.

The customers who Soapy Rides is targeting have their cars washed based on the quality of the

job. They do not mind spending a little more each week to have their car washed and waxed in order

to keep the paint work in excellent shape. The businesses that Soapy Rides targets will be more

cost conscious, so prices will be approximately 30% less for these customers to promote volume

usage.



Strategy and Implementation Summary

The key differentiator for Soapy Rides Car Wash is our team and business and personal

connections within the NFC neighborhood. For this reason, the sales and marketing focus will be on

a one-to-one basis, with the emphasis on gaining loyal and repeat customers as "friends" of the

business. Soapy Rides, therefore, will depend on word-of-mouth advertising for the immediatecommunity.

5.1 Competitive Edge

Soapy Rides' competitive edge will be management skills and the quality service. As mentioned, the

family has been in the car business for over 30 years, and has an excellent reputation and a myriad

of both business and personal contacts. In addition, Jaspreet and Rahul has put a great deal of

emphasis on creating a system that is both fast and efficient, which will keep costs, in terms of time

spent per car, to a minimum.

5.2 Sales Strategy

Sales strategy is on a one-to-one basis. All customers will feel they are a valued friend of Soapy

Rides, and that all employees care about the care and upkeep of each vehicle. We must be aware

that there are low switching costs in the car washing industry, so we have to work hard to develop

and keep repeat customers.

5.2.1 Sales Forecast

The following chart forecasts sales based upon the Market Segmentation Strategy. Sales are

seasonal in this industry, tending to be higher in the warmer summer months, and to drop off in the

winter. However, we will aim to flatten sales across the sales cycle by targeting segments that will

want to keep their cars clean and looking good year round.



Sales Forecast

Year 1 Year 2 Year 3

Unit Sales

Full Wash 1,760 2,288 2,974

Exterior Wash 2,050 2,665 3,465

Interior Clean 770 1,001 1,301End User Detail 129 193 290

Business Fleet Washes 615 923 1,384

Car Dealership Details 494 642 963

Total Unit Sales 5,818 7,712 10,376

Unit Prices Year 1 Year 2 Year 3

Full Wash Rs150.00 Rs150.00 Rs150.00

Exterior Wash Rs90.00 Rs100.00 Rs120.00

Interior Clean Rs80.00 Rs90.00 Rs90.00

End User Detail Rs1400.00 Rs1450.00 Rs1500.00

Business Fleet Washes Rs100.00 Rs100.00 Rs100.00

Car Dealership Details Rs700.00 Rs750.00 Rs800.00

Sales

Full Wash Rs26,4000 Rs34,3200 Rs44,6160

Exterior Wash Rs18,4500 Rs26,6500 Rs41,5740

Interior Clean Rs6,1600 Rs9,0090 Rs11,7120

End User Detail Rs18,0600 Rs27,9850 Rs43,4250

Business Fleet Washes Rs6,1500 Rs9,2250 Rs13,8380

Car Dealership Details Rs34,5800 Rs48,1500 Rs77,0400

Total Sales Rs109,8000 Rs155,3390 Rs232,2040

0

500000

1000000

1500000

2000000

2500000


car delearship details

business fleet washes

end user detail

interior wash

exterior wash

full wash



Direct Unit Costs Year 1 Year 2 Year 3

Full Wash Rs07 Rs08 Rs09.0

Exterior Wash Rs04 Rs04.5 Rs05.0

Interior Clean Rs03 Rs03.5 Rs04.0

End User Detail Rs30.00 Rs35.0 Rs40.00

Business Fleet Washes Rs07 Rs07.5 Rs08

Car Dealership Details Rs30 Rs35.0 Rs40.00

Direct Cost of Sales

Full Wash Rs1,2320 Rs1,8300 Rs2,6770

Exterior Wash Rs8200 Rs1,1990 Rs1,7320

Interior Clean Rs2310 Rs3500 Rs5210

End User Detail Rs3870 Rs6760 Rs1,1580

Business Fleet Washes Rs4310 Rs6920 Rs1,1070

Car Dealership Details Rs1,4820 Rs2,2470 Rs3,8520

Subtotal Direct Cost of Sales Rs4,5830 Rs6,9940 Rs11,0470



Management Summary

Team CMS is the owner and manager of Soapy Rides. In addition, he will be helped (on an unofficial

basis) by our parents.

Gaurav will also have the assistance of Arvind singh, the family accountant, in creating a long-term

strategic vision for the company. Arvind is a family friend and has worked with the Gaurav family for

7 years.

6.1 Personnel Plan

Since car washing is a seasonal business, with business increasing in the warm summer months,

and being busier on the weekends than during the week, Soapy Rides will rely on both temporary

and part-time help. The company will hire one full-time car wash/detail specialist and one full-time

car wash specialist when it opens for business. Although it will rely on temporary and part-time help,

quality will not be compromised, since all washers and detailers will receive thorough training. The

company will also hire an administrative assistant who will assist Jaspreet with paperwork and act as

a receptionist.

Personnel Plan


Owner Rs180,000 Rs30,0000 Rs40,0000

Car Washers Rs30,2400 Rs43,3120 Rs51,1740

Admin/Sales Rs13,4400 Rs15,0000 Rs22,0000

Total People 0 0 0

Total Payroll Rs61,6800 Rs88,3120 Rs113,1740

The following plan outlines the financial development of Soapy Rides. The business will be initially

financed by a personal investment by CMS GROUP and will finance growth through cash flow. Thiswill mean that the company will grow more slowly than it could, but it will ensure that Mark retains

control over the direction of the company. In year three, it is hoped that the company will be able to

open a second location. It is envisioned that an outside loan or equity funding will be sought at that

time.

7.1 Important Assumptions

The financial projections for Soapy Rides are based on the following assumptions. These

assumptions are thought to be quite conservative, as are the financial forecasts.

General AssumptionsYear 1 Year 2 Year 3

Plan Month 1 2 3

Current Interest Rate 10.00% 10.00% 10.00%

Long-term Interest Rate 10.00% 10.00% 10.00%

Tax Rate 25.42% 25.00% 25.42%

Other 0 0 0



7.2 Break-even Analysis

The table and chart below show the monthly break-even analysis calculations for Soapy Rides.

/

Break-even Analysis

Monthly Units Break-even 423

Monthly Revenue Break-even Rs7,974

Assumptions:

Average Per-Unit Revenue Rs18.87

Average Per-Unit Variable Cost Rs0.79Estimated Monthly Fixed Cost Rs7,641

-10000

-8000

-6000

-4000

-2000

0

2000

4000

6000

8000

0 70 140 210 280 350 420 490 560 630 700 770

Break even analysis

brak even analysis



7.3 Projected Profit and Loss

The following Profit and Loss table illustrates income and expenses monthly for the first year, and

annually for the next two years.

0

100000

200000

300000

400000

500000

600000


profit yearly

profit yearly



Pro Forma Profit and Loss


Sales Rs109,8000 Rs155,3390 Rs232,2040

Direct Cost of Sales Rs4,5830 Rs6,9940 Rs11,0470

Other Rs00 Rs00 Rs00

Total Cost of Sales Rs4,5830 Rs6,9940 Rs11,0470

Gross Margin Rs105,2180 Rs148,3450 Rs221,1570Gross Margin % 95.83% 95.50% 95.24%

Expenses

Payroll Rs61,6800 Rs88,3120 Rs113,1740

Sales and Marketing and Other Expenses Rs2,6000 Rs1,5500 Rs1,7000

Depreciation Rs2,0700 Rs2,0700 Rs2,0700

Leased Equipment Rs00 Rs00 Rs00

Utilities Rs3,3250 Rs3,5000 Rs3,7500

Insurance Rs1,8000 Rs1,8000 Rs1,8000

Rent Rs4,8000 Rs5,5000 Rs6,0000

Payroll Taxes Rs15,4200 Rs22,0780 Rs28,2940

Other Rs0 Rs00 Rs00

Total Operating Expenses Rs91,6950 Rs124,8100 Rs156,7880

Profit Before Interest and Taxes Rs13,5230 Rs23,5350 Rs64,3700

EBITDA Rs15,5920 Rs25,6050 Rs66,4400

Interest Expense Rs0 Rs0 Rs0

Taxes Incurred Rs3,2040 Rs5,8840 Rs16,3610

Net Profit Rs10,3180 Rs17,6510 Rs48,009

Net Profit/Sales 9.40% 11.36% 20.68%

0

500000

1000000

1500000

2000000

2500000


gross margin

gross margin



7.4 Projected Cash Flow

The following Cash Flow table illustrates that if Soapy Rides meets projected sales, it will have

positive cash flow after half a year of operations.

Pro Forma Cash FlowYear 1 Year 2 Year 3

Cash Received

Cash from Operations

Cash Sales Rs93,3300 Rs132,0380 Rs197,3740

Cash from Receivables Rs13,0970 Rs21,9020 Rs32,4700

Subtotal Cash from Operations Rs106,4270 Rs153,9400 Rs229,8430

Additional Cash Received

Sales Tax, VAT, HST/GST Received Rs0 Rs0 Rs0

New Current Borrowing Rs0 Rs0 Rs0

New Other Liabilities (interest-free) Rs0 Rs0 Rs0

New Long-term Liabilities Rs0 Rs0 Rs0

Sales of Other Current Assets Rs0 Rs0 Rs0

Sales of Long-term Assets Rs0 Rs0 Rs0

New Investment Received Rs0 Rs00 Rs0

Subtotal Cash Received Rs106,4270 Rs153,9400 Rs229,8430

Expenditures Year 1 Year 2 Year 3

Expenditures from Operations

Cash Spending Rs61,6800 Rs88,3120 Rs113,1740

Bill Payments Rs33,0520 Rs46,8370 Rs67,7430

-50000

0

50000

100000

150000

200000

net cash flowcash balance



Subtotal Spent on Operations Rs94,7320 Rs135,1490 Rs180,9170

Additional Cash Spent

Sales Tax, VAT, HST/GST Paid Out Rs0 Rs0 Rs0

Principal Repayment of Current Borrowing Rs0 Rs0 Rs0

Other Liabilities Principal Repayment Rs0 Rs0 Rs0

Long-term Liabilities Principal Repayment Rs0 Rs0 Rs0

Purchase Other Current Assets Rs0 Rs0 Rs0

Purchase Long-term Assets Rs0 Rs0 Rs0

Dividends Rs0 Rs0 Rs0

Subtotal Cash Spent Rs94,7320 Rs135,1490 Rs180,9170

Net Cash Flow Rs11,6950 Rs18,7910 Rs48,9270

Cash Balance Rs20,3950 Rs39,1860 Rs88,1120

7.5 Projected Balance Sheet

Soapy Rides' balance sheet illustrates a healthy financial position for this new company. The

monthly estimates are included in the appendix.

Pro Forma Balance Sheet


Assets

Current Assets

Cash Rs20,3950 Rs39,1860 Rs88,1120

Accounts Receivable Rs3,3730 Rs4,7720 Rs7,1330

Inventory Rs6680 Rs1,0190 Rs1,6090

Other Current Assets Rs1,0000 Rs1,0000 Rs1,0000

Total Current Assets Rs25,4350 Rs45,9760 Rs97,8540

Long-term Assets

Long-term Assets Rs10,0000 Rs10,0000 Rs10,0000

Accumulated Depreciation Rs2,0700 Rs4,1400 Rs6,2100

Total Long-term Assets Rs7,9300 Rs5,8600 Rs3,7900

Total Assets Rs33,3650 Rs51,8360 Rs101,6440

Liabilities and Capital Year 1 Year 2 Year 3

Current Liabilities

Accounts Payable Rs3,0970 Rs3,9170 Rs5,7160

Current Borrowing Rs0 Rs0 Rs0

Other Current Liabilities Rs0 Rs0 Rs0

Subtotal Current Liabilities Rs3,0970 Rs3,9170 Rs5,7160

Long-term Liabilities Rs0 Rs0 Rs0Total Liabilities Rs3,0970 Rs3,9170 Rs5,7160

Paid-in Capital Rs30,0000 Rs30,0000 Rs30,0000

Retained Earnings (Rs10,0500) Rs2680 Rs17,9190

Earnings Rs10,3180 Rs17,6510 Rs48,0090

Total Capital Rs30,2680 Rs47,9190 Rs95,9290

Total Liabilities and Capital Rs33,3650 Rs51,8360 Rs101,6440

Net Worth Rs30,2680 Rs47,9190 Rs95,9290



7.6 Business Ratios

The following table contains important ratios for the car wash industry, as determined by the

Standard Industry Classification (SIC) code, 7542.

Ratio AnalysisYear 1 Year 2 Year 3 Industry Profile

Sales Growth 0.00% 41.47% 49.48% 3.00%

Percent of Total Assets

Accounts Receivable 10.11% 9.21% 7.02% 8.70%

Inventory 2.00% 1.97% 1.58% 9.50%

Other Current Assets 3.00% 1.93% 0.98% 26.40%

Total Current Assets 76.23% 88.69% 96.27% 44.60%

Long-term Assets 23.77% 11.31% 3.73% 55.40%

Total Assets 100.00% 100.00% 100.00% 100.00%

Current Liabilities 9.28% 7.56% 5.62% 29.30%

Long-term Liabilities 0.00% 0.00% 0.00% 27.80%

Total Liabilities 9.28% 7.56% 5.62% 57.10%

Net Worth 90.72% 92.44% 94.38% 42.90%

Percent of Sales

Sales 100.00% 100.00% 100.00% 100.00%

Gross Margin 95.83% 95.50% 95.24% 0.00%

Selling, General & AdministrativeExpenses

86.59% 84.13% 74.45% 68.20%

Advertising Expenses 0.91% 0.74% 0.56% 1.50%

Profit Before Interest and Taxes 12.32% 15.15% 27.72% 2.70%

Main Ratios

Current 8.21 11.74 17.12 1.53

Quick 8.00 11.48 16.84 0.88Total Debt to Total Assets 9.28% 7.56% 5.62% 57.10%

Pre-tax Return on Net Worth 44.68% 49.11% 67.10% 3.40%

Pre-tax Return on Assets 40.53% 45.40% 63.33% 8.00%

Additional Ratios Year 1 Year 2 Year 3

Net Profit Margin 9.40% 11.36% 20.68% n.a

Return on Equity 34.09% 36.83% 50.05% n.a

Activity Ratios

Accounts Receivable Turnover 4.88 4.88 4.88 n.a

Collection Days 57 64 62 n.a

Inventory Turnover 5.45 8.30 8.41 n.a

Accounts Payable Turnover 11.67 12.17 12.17 n.a

Payment Days 27 27 25 n.a

Total Asset Turnover 3.29 3.00 2.28 n.a

Debt Ratios

Debt to Net Worth 0.10 0.08 0.06 n.a

Current Liab. to Liab. 1.00 1.00 1.00 n.a

Liquidity Ratios

Net Working Capital Rs22,338 Rs42,059 Rs92,139 n.a

Interest Coverage 0.00 0.00 0.00 n.a



Additional Ratios

Assets to Sales 0.30 0.33 0.44 n.a

Current Debt/Total Assets 9% 8% 6% n.a

Acid Test 6.91 10.26 15.59 n.a

Sales/Net Worth 3.63 3.24 2.42 n.a

Dividend Payout 0.00 0.00 0.00 n.a

DPR Cms Group 4 Docx

Documents

Transcript of DPR Cms Group 4 Docx