This assignment requires each student to work on the published financial statements of ASOS PLC
for two years from 2020 to 2021. A summary of some of the ratios is provided below.
Ratios
Long-term Financing
Gearing (3marks)
Liquidity
Current Ratio (3marks)
Quick Ratio (3marks)
Profitability
Return on Capital employed (3marks)
Asset Turnover (3marks)
Net Profit Margin (3marks)
Working capital
Inventory days (3marks)
Receivable days (3marks)
Payable days (3marks)
Year
2021
50%
1.56
0.75
9.20%
1.89times
4.90%
138days
5days
164days
Year
2020
50%
1.25
0.6
9.30%
2.01times
4.60%
113days
7days
164days
You are required to:
Given the ratios provided above, write a brief report on the performance of ASOS over the financial
periods 2020 to 2021. Use any other information relevant to ASOS PLC for your comments.
Information can be accessed from the annual report and accounts and any other source of evidence
that you believe helps to explain the company's performance and position. (Note the report must
follow the criteria provided below)
Fig: 1