2020 Ace Retail Financial Report

Format Analysis

Core Hardware Stores

Hi Profit

Core Hdwe Core Hdwe Core Hdwe Core Hdwe

Core

Core

Under $1.5 $1.5 - $2.2 $2.2 - $5

Over $5 Million

Hardware Hardware

Million

Million

Million

Strategic Profit Model

Profit Margin Asset Turnover

9.6 2.3

15.2

7.0 1.6

9.6 2.1

10.1

10.3

2.9

2.5

2.8

Return On Assets (Pre-Tax %)

22.1

44.1

11.2

20.2

25.2

28.8

Financial Leverage

1.5

1.4

1.6

1.7

1.5

1.5

Return On Net Worth (Pre-Tax %)

33.1

61.7

17.9

34.3

37.8

43.2

Financial Ratios

Current Ratio Quick Ratio

6.9 2.2 9.2

7.1 2.5 8.7 8.8 0.3

9.2 1.6 4.0 8.1 0.3 9.7 7.5

7.8 2.1 7.8

6.8 2.3 9.8

5.5 1.9

Accounts Payable To Inventory (%) Accounts Payable Payout Period (Days)

14.1 15.0

12.2

12.4

11.3

Debt To Equity EBITDA (% Of Sales)

0.4

0.5

0.4

0.4

11.4 10.2 26.9

16.0 15.4 67.9

11.6 10.8 12.7

11.9 10.8 39.0

11.8 10.5 34.8

EBIT (% Of Sales)

Interest Coverage

13.4

Inventory Productivity

Inventory Turnover

3.2

3.5

1.8

2.6

3.5

4.3

Inventory Holding Period (Days)

115.3

102.9

207.8

138.4

104.2

85.0

Sales To Inventory Ratio

5.4

5.9

3.0

4.3

5.9

6.8

Gross Margin Return On Inventory (%)

213.9

249.9

121.3

168.0

239.3

252.4

Operating Productivity

Square Feet Of Retail Selling Space Sales $ Per Retail Square Foot Gross Profit $ Per Retail Square Foot Inventory $ Per Retail Square Foot Number Of Annual Sales Transactions

9,456

9,425

8,450

8,876

9,777

10,500 551.80 217.80

292.60 117.80

338.10 150.00

135.00

210.30

340.50 140.70

52.90 41.90

89.90 51.80

54.80

55.20

57.80

85.10

100,837

114,231

52,740

72,933

114,557

162,900

Sales $ Per Transaction

27.00

27.50

24.10

25.50

27.40

39.20

Customers (% of sales)

DIY Customers

84.5 10.0

89.0

80.0 10.0 10.0

88.5

84.0 10.0

85.0 10.0

Contractors

5.0 6.0 0.0

6.5 5.0 0.0

Commercial/Industrial Accounts

5.5 0.0

6.0 0.0

5.0 0.0

Other Customer Types

0.0

Total Sales

100.0

100.0

100.0

100.0

100.0

100.0

Business Hours

Monday Tuesday

11.0 11.0 11.0 11.0 11.0 10.0

11.5 11.5 11.5 11.5 11.5 10.0

10.3 10.3 10.3 10.3 10.3 10.0

10.5 10.5 10.5 10.5 10.5 10.0

11.0 11.0 11.0 11.0 11.0 10.0

11.0 11.0 11.0 11.0 11.0 10.0

Wednesday

Thursday

Friday

Saturday

Sunday

7.0

7.0

6.0

6.0

8.0

8.0

Total Hours Open Per Week

72.0

74.5

67.5

68.5

73.0

73.0

Employee Productivity

Number Of Full-Time Employees Number Of Part-Time Employees

6 6

7 6

4 4

5 4

8 6

14

7

Sales $ Per FTE Employee

237,778 96,038 37,933

246,473 102,723 36,221

148,279 58,279 28,053

221,366 87,545 33,992

244,375 100,039 38,307

292,007 114,620 45,539

Gross Profit $ Per FTE Employee Payroll $ Per FTE Employee

Payroll Expense (% Of Sales)

17.9 43.4

15.9 37.2

18.3 44.1

16.7 41.0

17.7 42.4

17.9 44.8

Personnel Productivity Ratio (%)

Wage $ Per Hour

18.20

17.40

13.50

16.30

18.40

21.90

Sales $ Per Payroll Dollar Sales $ Per Payroll Hour

5.80

6.20

4.90

6.10

5.70

6.10

114.30

118.50

71.30

106.40

117.50

140.40

20

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