Yamama Cement
Summary
Yamama cement activity results shown below are classified by qualitative assessment according to the results of the analysis for the year 2011, 2012 are given below. * The current ratio 5.35 is v.good. Acceptable ratio is 2 or more. * A quick ratio is 5 (the acceptable ratio is 1 or more). * (ROE) return on equity is high (23% per annum) industry norm from 12% - 15%. * (ROA) Return on total assets made during the year 2012 20.41% per annum better than 2011 which was 19.35%.(normal ratio 6% or more) * The receivable turnover made during the year 2012 is 74 days per annum improved slightly than 2011 which was 75 days.
* Accounts payable turnover made during the year 2012 is 9 days per annum better than 2011 which was 81 days.
(That means that the company have more liquidity to pay creditors in short time).
* Inventory turnover made during the year 2012 is 36 days per annum better than 2011 which was 78 days.
(which means that the company is able to face demand and sell more products in a shorter period during 2012 than 2011)
* (CCC )The cash conversion cycle made during the year 2012 is 100 days per annum worse than 2011 which was 72 days. * The net sales grew from SAR 1,442,218 thousand to SAR 1,575,843 thousand (by SAR 133,625 thousand or by 9 %) during the last 2 years.
* The net income grew from SAR 793,761 thousand to SAR 817,556 thousand (by SAR 23,795 thousand or by 3%) during the last 2 years. (Due to the increase in admin.expenses).
* (Current assets exceeded current liabilities by +1,361,970 thousand) which means that the company is able to pay off its short-term liabilities almost immediately.
-According to the table below The assets grew from SAR 3,821,551 thousand to SAR 4,005,318 thousand (by SAR 183,767 thousand or by 4.80%) during the last 2 years.
The net worth grew from SAR 3,375,419 thousand to SAR 3,599,031 thousand (by SAR 223,612 thousand or by 6.62%) during the last 2
Yamama cement activity results shown below are classified by qualitative assessment according to the results of the analysis for the year 2011, 2012 are given below. * The current ratio 5.35 is v.good. Acceptable ratio is 2 or more. * A quick ratio is 5 (the acceptable ratio is 1 or more). * (ROE) return on equity is high (23% per annum) industry norm from 12% - 15%. * (ROA) Return on total assets made during the year 2012 20.41% per annum better than 2011 which was 19.35%.(normal ratio 6% or more) * The receivable turnover made during the year 2012 is 74 days per annum improved slightly than 2011 which was 75 days.
* Accounts payable turnover made during the year 2012 is 9 days per annum better than 2011 which was 81 days.
(That means that the company have more liquidity to pay creditors in short time).
* Inventory turnover made during the year 2012 is 36 days per annum better than 2011 which was 78 days.
(which means that the company is able to face demand and sell more products in a shorter period during 2012 than 2011)
* (CCC )The cash conversion cycle made during the year 2012 is 100 days per annum worse than 2011 which was 72 days. * The net sales grew from SAR 1,442,218 thousand to SAR 1,575,843 thousand (by SAR 133,625 thousand or by 9 %) during the last 2 years.
* The net income grew from SAR 793,761 thousand to SAR 817,556 thousand (by SAR 23,795 thousand or by 3%) during the last 2 years. (Due to the increase in admin.expenses).
* (Current assets exceeded current liabilities by +1,361,970 thousand) which means that the company is able to pay off its short-term liabilities almost immediately.
-According to the table below The assets grew from SAR 3,821,551 thousand to SAR 4,005,318 thousand (by SAR 183,767 thousand or by 4.80%) during the last 2 years.
The net worth grew from SAR 3,375,419 thousand to SAR 3,599,031 thousand (by SAR 223,612 thousand or by 6.62%) during the last 2