Financial statements analysis of berger paints

Inventory valuation- Finished goods inventories are stated at the lower of cost or estimated net realisable value.

Berger paints annual report 2017-18

Trade discounts, rebates and other similar items are deducted in determining the costs of purchase. Undergoing a number of changes in ownership and profit in relation to capital employed. Examples of cash flows from operating activities are: a Cash receipts from the sale of goods and the rendering of services; b Cash receipts from royalties, fees, commissions and other revenue; c Cash payments to suppliers for goods and services; d Cash payments to and on behalf of employees; e Cash receipts and cash payments of an insurance entity for premiums and claims, annuities and other policy benefits; f Cash payments or refunds of income taxes unless they can be specifically identified with financing and investing activities; and g Cash receipts and payments from contracts held for dealing or trading purposes. Financial ratios are divided into three main categories Gross profit Ratio A high inventory turnover ratio does not necessarily provide evidence of stock outs and disgruntled customers. In the forthcoming year, the Company will try and bring newer varieties in various categories such as wood coatings, primers, distempers, interior finishes and texture coatings to cater to the market demand and address the carefully identified needs of the customers. Vertical analysis expresses the line item as a percentage of some other line item for the same time period. It is constantly striving for innovating superior quality products and services. Net Profit Ratio: This ratio is also called net profit to sales working capital, analysis of fixed assets and analysis of ratio. Inventories allocated to another asset in this way are recognized as an expense during the useful life of that asset. Beximco ltd is one of the top competitors of Berger. Profitability acts as a yardstick to measure the effectiveness and efficiency of business effort for the growth and success of any business entities The profitability ratio of the Berger paint in the selected years is in all the selected variables is good. The primary issue in accounting for revenue is determining when to recognize revenue.

This helps the Company to operate its factories, offices and depots with a reasonable degree of comfort. IN04 The amount of inventories recognized as an expense during the period, which is often referred to as cost of sales, consists of those costs previously included in the measurement of inventory that has now been sold and unallocated production overheads and abnormal amounts of production costs of inventories.

These included Weather coat All guard Premium Plus exterior emulsion with water repelling silicon, Weather Coat Kool n Seal with two way advantages of sealing the terrace cracks and cooling the interiors, and Breathe Easy the low VOC, low emission emulsion and enamel paints.

IN02 an entity shall apply this Standard for annual periods beginning on or after 1 January IN03 entities adopt a format for profit or loss that results in amounts being disclosed other than the cost of inventories recognised as an expense during the period.

The areas being covered by the company in its accounting policies are as follows Over the decades, Berger has evolved to become the leading paint solutions provider in this country and has diversified into every sphere of the industry— from Decorative Paints to Industrial, Marine and Powder Coatings.

Assignment on ratio analysis of a company

Vertical Analysis of the Balance Sheet The central issue when creating a vertical analysis of a balance sheet is what to use as the denominator in the percentage calculation. Rising disposables incomes and a preference for a higher standard of living have changed the spending habits in rural areas. Faster growth in rural areas The demand for paints in rural towns has witnessed a Faster growth as compared to urban areas. Focus and outlook for The Company is focusing on developing its premium emulsion category which has witnessed significance growth in the last few years. Revenue is income that arises in the course of ordinary activities of an entity and is referred to by a variety of different names including sales, fees, interest, dividends and royalties, others operating charges net operating income and net others income. The gain or loss arising on the disposal or retirement of an asset is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognized as non-operating income and reflected in the statement of comprehensive income. By return of various purposes. Depreciation of the fixed assets Tangible assets are depreciated according to the straight-line depreciation method. For this purpose the researcher took the past 5 years data and also checked out for The study is based on secondary data collected from the validity and reliability before conducting the study. Liquidity ratios measure the ability of a firm to meet its short-term obligations. These included Weather coat All guard Premium Plus exterior emulsion with water repelling silicon, Weather Coat Kool n Seal with two way advantages of sealing the terrace cracks and cooling the interiors, and Breathe Easy the low VOC, low emission emulsion and enamel paints. All these products were received with enthusiasm in the market. The quick ratio excludes inventories and thus provides a better measure of liquidity inventories are sometimes obsolete or may turn over slowly. Gross profit ratio explains the relationship time.

To bolster customer satisfaction, Berger launched Breathe Easy- the first odorless paint solution in Bangladesh. Its Headquartered at Kolkata, interest charges, dividends and transfer to reserves.

berger paints bangladesh annual report 2017

Besides, Berger offers illusions-the first designer paint solution in Bangladesh. The Company has also initiated work on a separate unit at Hindupur for its British Paints Division which will further augment capacity by 30, MT of paints and 6, MT of resins per annum.

Berger has many market competitor.

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Ratio Analysis of berger paints