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What is the percentage of total current assets in terms of total assets for Walmart for the year of 2016
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11 votes
11 votes
What is the percentage of total current assets in terms of total assets for Walmart for the year of 2016

User Itzhaki
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1 Answer

15 votes
15 votes

Answer:

42%

Step-by-step explanation:

In simple words, Wallmart is the biggest retail chain facility in the world. Hence, it would be obvious that a high percentage of their total assets in value will be composed of the current assets in forms of inventory.

In 2016, their total current assets were about 42% of total assets, which is higher than majority of their peers. An increase in their turnover might be the reason behind such high ratio.

User Peer Stritzinger
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