Tootsie Roll Ratio Analysis
Comparative Analysis of The Hershey Company & Tootsie Roll Industries Tootsie Roll Industries Ratios The Hershey Company Ratios Interpretation and comparison between the two companies ratios
Receivable Turnover Ratio 14.6 times 9.8 times Tootsie Roll has a higher Receivable Turnover Ratio which means that they have more cash on hand and are collecting on debts.
Average Collection Period 25 37.24 Tootsie Roll is turning Accounts Recievable into cash 12 days faster than Hershey.
Assets Turnover Ratio 0.57 1.18 Tootsie Roll's Asset Turnover Ration is lower than Hershey which could mean that Tootsie Roll has purchased more assets and keeping them as opposed to loosing or selling the assets.
Return on Assets Ratio 15.7% 5.1% Hershey has
Receivable Turnover Ratio 14.6 times 9.8 times Tootsie Roll has a higher Receivable Turnover Ratio which means that they have more cash on hand and are collecting on debts.
Average Collection Period 25 37.24 Tootsie Roll is turning Accounts Recievable into cash 12 days faster than Hershey.
Assets Turnover Ratio 0.57 1.18 Tootsie Roll's Asset Turnover Ration is lower than Hershey which could mean that Tootsie Roll has purchased more assets and keeping them as opposed to loosing or selling the assets.
Return on Assets Ratio 15.7% 5.1% Hershey has