Use the financial data shown below to calculate the following ratios for the current year,...

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Finance

Use the financial data shown below to calculate the following ratios for the current year, and interpret the result of each ratio accordingly: Please gives also the details of the formula for the ratio:

3) Inventory Turnover = Interpretation =

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Note 2019 RM'000 2018 RM'000 Assets Property, plant and equipment Interest in associated company Deferred tax assets 3 4 5 122,544 100,350 7,780 97,185 131,859 7,687 Total non-current assets 230,674 236,731 Inventories Trade and other receivables Derivative financial assets Cash and cash equivalents 6 7 8 9 49,580 105,240 923 623,312 50,331 125,630 7,892 650,610 779,055 834,463 Total current assets Total assets 1,009,729 1,071,194 Equity Share capital Retained earnings 10 60,746 776,092 60,746 820,990 Total equity 836,838 881,736 Liabilities Provision for liabilities and charges 11 443 261 Total non-current liabilities 443 261 12 11 8 181,919 4,989 162,973 5,159 137 4,179 2,289 Trade and other payables Provision for liabilities and charges Derivative financial liabilities Taxation Total current liabilities Total liabilities Total equity and liabilities 172,448 189,197 172,891 189,458 1,009,729 1,071,194 Note 2019 RM'000 2018 RM'000 Assets Property, plant and equipment Interest in associated company Deferred tax assets 3 4 5 122,544 100,350 7,780 97,185 131,859 7,687 Total non-current assets 230,674 236,731 Inventories Trade and other receivables Derivative financial assets Cash and cash equivalents 6 7 8 9 49,580 105,240 923 623,312 50,331 125,630 7,892 650,610 779,055 834,463 Total current assets Total assets 1,009,729 1,071,194 Equity Share capital Retained earnings 10 60,746 776,092 60,746 820,990 Total equity 836,838 881,736 Liabilities Provision for liabilities and charges 11 443 261 Total non-current liabilities 443 261 12 11 8 181,919 4,989 162,973 5,159 137 4,179 2,289 Trade and other payables Provision for liabilities and charges Derivative financial liabilities Taxation Total current liabilities Total liabilities Total equity and liabilities 172,448 189,197 172,891 189,458 1,009,729 1,071,194

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