Working Capital in 21 Industry Sectors
|
|
|
| Retailers, Broadline |
| Company |
Q1-'03
vs.
Q4-'02 |
Q4-'02
vs.
Q3-'02 |
Q1-'02
vs.
Q4-'01 |
Q4-'01
vs.
Q3-'01 |
Q1-'01
vs.
Q4-'00 |
Q4-'00
vs.
Q3-'00 |
| Dollar General |
21% |
-21% |
12% |
-11% |
25% |
-47% |
| Family Dollar Stores |
-48 |
23 |
-25 |
39 |
-12 |
62 |
| J.C. Penny |
71 |
-42 |
29 |
-44 |
36 |
-56 |
| May Dept Stores |
46 |
-32 |
38 |
-37 |
56 |
-33 |
| Target |
40 |
-27 |
62 |
-35 |
55 |
-38 |
| Wal-Mart Stores |
17 |
-38 |
17 |
-35 |
41 |
-38 |
| Total |
42% |
-37% |
28% |
-39% |
44% |
-38% |
| Average Total* |
5.2% |
-4.8% |
6.6% |
-4.8% |
7.9% |
-6.7% |
| Total Excluding Retail/Household/Toys |
2.7% |
-2.4% |
5.2% |
-2.8% |
5.4% |
-4.1% |
*Industry total net working capital is an average
that includes companies not shown here.
Net working capital = accounts receivable + inventory - accounts payable.
Net working capital changes are adjusted for sales.
Source: REL Consultancy Group |
