Professional Documents
Culture Documents
Current Assets
Figures are in million tk.
June 09
(Actual)
June 10
(Actual)
June 11
(Forecasted)
18,782.5
2,112.1
Cash,
7%
2009,
June 09
(Actual)
1,892.2
June 10
(Actual)
18,782.5
Account Receivable
June 11
(Forecasted)
2,112.1
Cash
Inventory,
2011, 45%
Account
Receivable,
2011, 35%
Account
Inventory,
Cash,
2010,
Receivable,
2010,2010,
4%3.60%
3%
Cash,
4.70%
2011,
Current Liabilities
Figures are in million tk.
Current Liabilities
June 09
(Actual)
June 10
(Actual)
June 11
(Forecasted)
1,921.8
756.4
1,257.9
June 09
(Actual)
-29.4
June 10
June 11
(Actual) (Forecasted)
18,025.90
854.7
Jun10 (Actual)
Jun11(Forecasted)
211,250,433
474,050,838
650,102,860
221,798,459
610,297,115
820,200,110
303,557
245,859,579
271,800,926
432,745,335
838,488,374
1,198,502,044
+Direct Expenses
18,934,082
40,008,096
71,500,100
+Factory Overhead
98,952,804
123,163,615
129,162,600
550,632,221
1,001,660,085
1,399,164,744
90,180,248
232,724,343
410,450,850
640,812,469
1,234,384,428
1,809,615,594
42,348,472
73,074,857
70,599,856
598,463,997
1,161,309,571
1,739,015,738
170,673,973
472,238,309
490,100,690
769,137,970
1,633,547,880
2,229,116,428
97,477,381
180,011,817
211,929,428
671,660,589
1,453,536,063
2,017,187,000
200,129,231
230,158,125
240,540,156
871,789,820
1,683,694,188
2,257,727,156
+Work-in-Process - Opening
Cost of Goods available for Use
-Work-in-Process - Closing
Cost of Production
+Finished Goods - Opening
Cost of Goods Available for Sales
-Finished Goods - Closing
Cost of Goods Sold
+Selling, ad.& general expenses
Cost of sales
June 09 (Actual)
June 10 (Actual)
June 11 (Forecasted)
432,745,335
838,488,374
1,198,502,044
1,202,070.38
2,329,134.37
3,329,172.34
303,557
245,859,579
271,800,926
0.25
106
82
598,463,997
1,161,309,571
1,739,015,738
1,662,399.99
3,225,859.92
4,830,599.27
42,348,472
73,074,857
70,599,856
25
23
15
671,660,589
1,453,536,063
2,017,187,000
1,865,723.86
4,037,600.18
5,603,297.22
97,477,381
180,011,817
211,929,428
52
45
38
4. Collection Period
(a) Credit sales at cost
871,789,820
1,683,694,188
2,257,727,156
2,421,638.39
4,676,928.30
6,271,464.32
(a) Debtors
733,896,080
629,187,317
743,008,000
303
135
118
221,798,459
610,297,115
820,200,110
616106.83
1695269.76
2278333.64
104,744,071
24,039,638
81,502,000
170
14
36
June 10
(Actual)
June 11
(Forecasted)
0.25
106
82
Work in Process
25
23
15
Finished goods
52
45
38
77
174
135
303
135
118
380
309
253
170
14
36
210
295
217
Raw material
June 10
(Actual)
June 11
(Forecasted)
1.71
1.22
1.66
Ratio Analysis
June 09
(Actual)
June 10
(Actual)
June 11
(Forecasted)
Liquid Ratio
0.49
23.71
0.92
Current Ratio
0.98
24.83
1.68
-0.02
23.83
0.68
June 10 (Actual)
June 11(Forecasted)
300,518
246,888,243
272,992,132
41,560,000
74,194,778
72,458,989
97,017,641
181,692,008
84,049,458
Investment in inventory
138,878,159
502,775,029
429,500,579
733,756,432
631,385,321
740,032,790
Investment in advance
58,255,174
10,315,871
242,995,000
Cash Balance
140,489,874
677,831,055
99,087,000
1,071,379,639
1,822,307,276
1,511,615,369
104,738,161
23,733,777
82,020,011
Deferrel payment
1,477,220
1,800,200
2,000,000
Wages
18,934,082
40,008,096
71,500,100
Overhead
98,952,804
123,163,615
129,162,600
862,369,894
212,805,180
200,800,100
1,086,472,161
401,510,868
485,482,811
-15,092,522
1,420,796,408
1,026,132,558
Total
Deduct
Creditors
Total
Net working Capial
Inventory Management
Main supplier
Staple Cotton Co-operative Association
214, West Market St, PO Box547, Greenwood, M S 389350547, USA.
Percentage of inventory
Current Assets
51%
4%
45%
Sales 117%
Total Assets 19%
50%
43%
4%
16%
MSMLs inventory
Raw Materials
Stock-in-Transit
Work-in-Process
Finished Goods
Stores and Accessories
EOQ in 2009
Annual requirement = 959,726,554 tk.
Ordering cost = 10,000
Carrying cost =31,200 tk.
2 AO
2 * 959,726,554 *10,000
OPQ in 2009
Annual production =2,834,523 kgs (1st July 2009 to 30th September 2009)
Set up cost =15,000
Carrying cost = 31,200 tk
2 * 2,834,523*15,000
So optimum production run = 2 AS
=
c
31,200
= 1,651kgs.
Accounts Receivable
June 09 (Actual)
June 10 (Actual)
June 11 (Forecasted)
733,896,080
629,187,317
743,008,000
Cash Management
Cash Management
According to BAS-7 cash comprises of cash-in-hand and demand deposits.
Cash in hand and Bank balances have been considered as cash and cash
equivalents.
They have 15 accounts with 7 banks.
The banks areI) Trust Bank Ltd
II) Dhaka Bank Ltd
III) HSBC
IV) Eastern Bank Ltd.
V) One Bank Ltd.
VI) Shahjalal Islami Bank Ltd A/C
VII) CITI Bank N.A
June 09
(Actual)
140,489,874
58,255,174
June 10
(Actual)
677,831,055
10,315,871
June 11
(Forecasted)
99,087,000
242,995,000
Recommendation
19