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| Topic: |
Business
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| Number of pages / Number of words: |
13 / 3467 |
Essay's paper body
H&M however, has 3.40 million euros in current assets for every euro in short-term debt.
From this we can infer that Inditex is less liquid, possibly because they have more fixed assets
and turn their inventory over quickly. To support this inference, the inventory turnover ratio2 was
calculated that Inditex turns over its inventory 4...
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To support this inference, the inventory turnover ratio2 was
calculated that Inditex turns over its inventory 4.42 times per year. This does not mean, however,
that H&M is more efficient due to its liquidity. H&M is not making good use of the cash that
they have because cash not invested does not generate a return...
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