Financial Ratio Analysis - Activity 17 : Vodafone creditors' turnover ratio answer

Activity 17 : Vodafone creditors' turnover ratio answer

  2002 2001
Creditors: amounts falling due within one year £m £m
Bank loans, other loans and overdrafts 1,219 3,601
Commercial paper - -
Finance leases 100 10
Trade creditors 3,335 1,899
Amounts owed to subsidiary undertakings - -
Amounts owed to associated undertakings 10 7
Taxation 3,107 2,540
Other taxes and social security costs 509 285
Other creditors 1,485 1,314
Accruals and deferred income 3,179 2,257
Proposed dividend 511 464
  13,455 12,377

Trade Creditors Turnover Ratio for Vodafone
31 March 2002 3,335
13,446 ÷ 365
90.53 days
31 March 2001 1,899
8,702 ÷ 365
79.65 days

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