Topics: Balance sheet, Asset, Wal-Mart Pages: 7 (2216 words) Published: December 5, 2013

Walmart Financial Analysis

Prepared for

Becca Leland
BUSN 5600, Accounting Theory and Practice
Fall 1, 2013
Webster University
1 November 2013

Wal-Mart Stores, Inc. operates approximately 11,047 retail units under 69 banners in 27 countries. It has three segments: The Wal-Mart Stores, The Sam’s Club, and International. The Wal-Mart Stores segment includes 4,759 Discount Stores, Supercenters, and Neighborhood Markets in the United States, as well as It offers apparel for women, girls, men, boys, and infants; domestics, fabrics, and notions; stationery and books; shoes; housewares; hardware; electronics; home furnishings; small appliances; automotive accessories; horticulture and accessories; sporting goods; toys; pet food and accessories; cameras and supplies; health and beauty aids; pharmaceuticals; jewelry; and optical, as well as photo processing services. The Neighborhood Markets include dry grocery, meat, produce, deli, bakery, dairy, frozen foods, pharmaceuticals, photo processing, health and beauty aids, household chemicals, paper goods, general merchandise, and pet supplies departments. The Sam’s Club segment includes 624 stores and comprises the warehouse membership clubs in the United States and It offers hard-goods, soft-goods, software, electronics, jewelry, sporting goods, toys, tires, stationery and books, institutional-size grocery items, and selected private labels. The International segment operates 6,288 various retail formats in countries to include Argentina, Brazil, Canada, Germany, Mexico, Puerto Rico, South Korea, and the United Kingdom. This segment operated 261 Canadian Wal-Mart stores and SAM's Clubs, 11 units in Argentina, 150 units in Brazil, 88 units in Germany, 16 units in South Korea, 697 units in Mexico, 54 units in Puerto Rico, and 292 units in the United Kingdom, as well as 48 units in China under joint venture agreements. The company was incorporated in 1969 and is based in Bentonville, Arkansas. Walmart employs 2.2 million associates/employees around the world to include 1.1 million in the United States alone. Although there are many opportunities, numerous employment opportunities exist in the Accounting arena. Walmart has Finance and Accounting departments impacting business and communities in all 27 countries, under 69 different banners and in every corner of the business, from Enterprise Risk Management to Sustainability. For instance, Global Shared Services aggregates and streamlines much of the financial and payroll services for Sam’s Club and Walmart in North America, while Global Internal Audit helps ensure each store operates in the most cost-efficient way. These are just a few of the many groups within Accounting & Finance, each responsible for vital services that impact the entire company. Projects range from determining the financial impact of mergers and acquisitions to estimating the effect on business when a hurricane hits.  Every decision is driven by the mission to save people money and help them live better. The responsibility extends beyond retail and corporate officials make decisions in partnership with each other. Accounting & Finance is composed of these departments: Accounting, Corporate

Corporate Tax (International & Domestic)
Treasury & Investor Relations
Finance and Planning
Walmart U.S.,
International Finance
Sam’s Finance
Corporate Strategy
Global Shared Services
Balance Sheet Assets:
Cash and Cash Equivalents – Pertain to liquid assets found on the balance sheet. In essence, cash equivalents can be converted into cash and include commercial paper, treasury bill, money market holdings and short term government bonds. Walmart reported nearly $7.8 billion in cash and cash equivalents for fiscal year ending January 31, 2013. Of the $7.8 billion, surprisingly, $5.2 billion were held outside of the United States in support of foreign operations. All non-cash...

Bibliography: Porter, Gary A., Norton, Curtis L., Using Financial Accounting Information: The Alternative to Debits and Credits, South-Western Cengage Learning,
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