2020 Ace Retail Financial Report

Format Analysis

Home Centers

Hi Profit

Home Ctr Under $3

Home Ctr

Home Ctr

Home Ctr

Home Center

Home Center

$3 - $4 Million

$4 - $8 Million

Over $8 Million

Million

Strategic Profit Model

Profit Margin Asset Turnover

8.4 2.3

18.0

4.3 2.1 9.0 1.3

9.1 2.5

7.6 2.2

10.1

2.8

2.5

Return On Assets (Pre-Tax %)

19.3

50.4

22.7

16.7

25.2

Financial Leverage

1.3

1.3

1.5

1.3

1.2

Return On Net Worth (Pre-Tax %)

25.1

65.5

11.7

34.0

21.7

30.2

Financial Ratios

Current Ratio Quick Ratio

5.5 2.0

5.9 2.0

11.6

5.8 2.1

5.5 2.0

4.8 2.0

4.4 7.4 4.7 0.3 8.8 5.3 5.5

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

14.4 12.8

11.6 13.2

13.8 13.2

16.1 13.6

18.8 13.2

Debt To Equity EBITDA (% Of Sales)

0.3 9.9 8.5

0.3

0.5

0.2 8.9 8.0

0.2

18.3 18.0 N/A

10.2

12.4 10.1 51.7

EBIT (% Of Sales)

9.3

Interest Coverage

28.3

11.6

63.1

Inventory Productivity

Inventory Turnover

3.9

6.2

3.5

3.9

3.7

5.2

Inventory Holding Period (Days)

93.8

58.9

110.7

94.7

98.7

69.6

Sales To Inventory Ratio

5.9

9.6

5.8

5.4

5.9

7.2

Gross Margin Return On Inventory (%)

191.8

283.5

232.0

162.2

191.9

200.6

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

12,000 462.90 152.90

12,000 853.50 316.50 110.80 132,057

8,500

10,135 357.50 122.10

12,154 528.20 165.50

17,002 799.30 292.00 110.80 143,253

220.90

75.00 49.30

81.00

73.30

99.30

78,698

51,437

66,064

101,916

Sales $ Per Transaction

62.40

88.00

37.90

58.30

55.20

99.10

Customers (% of sales)

DIY Customers

46.1 41.9 10.0

N/A N/A N/A N/A

57.5 32.5 10.0

50.0 29.8 19.2

46.0 39.0 10.0

30.4 62.4

Contractors

Commercial/Industrial Accounts

4.7 2.5

Other Customer Types

2.0

0.0

1.0

5.0

Total Sales

100.0

100.0

100.0

100.0

100.0

100.0

Business Hours

Monday Tuesday

10.5 10.5 10.5 10.5 10.5

10.5 10.5 10.5 10.5 10.5

10.0 10.0 10.0 10.0 10.0

10.0 10.0 10.0 10.0 10.0

11.0 11.0 10.5 11.0 11.0

10.0 10.0 10.0 10.0 10.0

Wednesday

Thursday

Friday

Saturday

9.0 0.0

9.0 7.0

9.0 0.0

8.3 0.0

9.0 0.0

9.0 4.0

Sunday

Total Hours Open Per Week

61.5

68.5

59.0

58.3

63.5

63.0

Employee Productivity

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

15

27

9 3

8 5

17

37

5

5

6

6

Sales $ Per FTE Employee

304,906 96,826 43,266

N/A N/A N/A 16.7 42.5 N/A 5.80 N/A

261,617 81,626 35,872

285,067 74,110 38,832

313,586 127,482 67,325

442,206 119,505 44,438

Gross Profit $ Per FTE Employee Payroll $ Per FTE Employee

Payroll Expense (% Of Sales)

16.8 50.3

18.5 52.4

14.9 44.6

16.2 49.8

16.5 51.6

Personnel Productivity Ratio (%)

Wage $ Per Hour

20.80

17.20

18.70

32.40

21.40

Sales $ Per Payroll Dollar Sales $ Per Payroll Hour

6.40

6.20

7.00

6.10

6.90

146.60

125.80

137.10

150.80

212.60

28

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