Cash Management in 37 Industry Sectors
|
|
|
| RETAILERS |
| COMPANY |
Cash/Annual Sales |
Impact of Paying down Capital Employed with Excess Cash |
| 2003 |
2001 to 2003 Increase,
% pts. |
Industry Benchmark |
Excess
Cash, % |
Excess Cash,
$millions |
ROCE
2003 |
Adjusted ROCE |
| Freds |
0.4% |
-1.4% |
1.0% |
0.0% |
0 |
17.1% |
17.1% |
| Retail Ventures |
0.5% |
0.1% |
1.0% |
0.0% |
0 |
4.2% |
4.2% |
| Shopko Stores |
0.7% |
-0.2% |
1.0% |
0.0% |
0 |
18.8% |
18.8% |
| BJS Wholesale Club |
1.2% |
-1.3% |
1.0% |
0.1% |
10 |
19.1% |
19.3% |
| Federated Department Stores |
6.1% |
2.0% |
1.0% |
5.0% |
768 |
13.4% |
14.5% |
| J C Penney |
16.8% |
8.0% |
1.0% |
15.8% |
2,811 |
7.3% |
9.9% |
| Sears |
22.0% |
19.0% |
1.0% |
21.0% |
8,635 |
7.5% |
16.3% |
| Sector Average |
4.7% |
2.6% |
1.0% |
3.6% |
|
17.0% |
19.1% |
| Total Average |
11.5% |
3.0% |
5.7% |
5.8% |
|
14.5% |
15.7% |
