# Hot Fashion Case Study

2387 Words 10 Pages
Register to read the introduction… This ratio is often referred to as the net profit margin. It shows for every £1 made in sales how much of it is left as net profit after all expenses have been deducted. Looking at Hot Fashions business their net profit percentage of sales is 8.49%, therefore means that for every £1 of sales made, 8p is left as net profit. The business had a great strength as their net profit margin is over 7.98%. The reason this is a good sign is because the retail clothing industries average net profit margin is 7.98%. However, the business also has weaknesses. Looking at bigger businesses such as Nexts PLC net profit margin it shows 14.99%. Hot Fashions should try to reduce its expenses and try hard to increase its sales. This is due to Hot Fashions had only increased by 2.49% from the average retail clothing industries. They should aim to increase to a higher percentage like Next PLC although Hot Fashions is a small business. If the Net Profit does increase the investor has a chance of receiving dividends, and more money is given back into the company, and the business would have a better label and reputation as investors would most likely be interested in their …show more content…
Hot fashions are 3x more than Next PLC business. This displays that Hot Fashions business is holding too much stock which may increase inventory holding costs. This could have a big effect on their business. Payable Days= 30.2 days Payable (creditor) days are a measure of the number of days on average that a company requires to pay its creditors. It is an indication of a company’s creditworthiness in the eyes of its suppliers and creditors, since it shows how long they are willing to wait for payment. . The Hot Fashions payables ratio measures on average how long it takes their business to pay for goods and services bought on credit; it is expressed as a number of

## Related Documents

• ###### Task 2: Estimating Power Levels Using 3s And 10's Laws

1 mW = 0 dBm. 3’s and 10’s rules are shortcuts for estimating the increase or decrease of these power levels. In this lab, students will practice basic RF calculations, including · converting from mW to dBm; · converting from dBm to mW; and · estimating power levels using the 3’s and 10’s rules. Task 1: Converting between dBm and mW Applying the 3’s and 10’s rules, the relationship between dBm and mW is estimated as shown in the following (partial) table. 3’s rule|10’s rule| ……|……| 0.125…

Words: 882 - Pages: 4
• ###### Shuzworld Decision Analysis

create their product in a cost efficient and productive manner. This will enable Shuzworld to increase productivity, while ensuring the quality that consumers have grown to be accustomed to. Shuzworld will be able to accomplish this by equalizing the task times at the company’s work stations in order to ensure that employee time is maximized to its full potential. This can be accomplished by organizing employees into work cells that focus primarily on the product they are working on. By focusing on…

Words: 5152 - Pages: 21
• ###### Implications Of Pay Structure On Other HR Systems

Task A1: Job Description – Benefits Manager Write a paragraph to speak on the job description and to locate it in Appendix A. Task A2: Identified Compensable Factors and Defined Degrees SKILL RESPONSIBILITY EFFORT Education Level Scope of Control Degree of Problem Solving 1) High School/GED 1) zero 1) zero 2) Associates 1) minimum 1) minimum 2) Bachelors 1) average 2) average 1) Masters/Graduate 1) expert 4) expert Degree of Technical Skills Impact of Job Task Complexity…

Words: 1627 - Pages: 7
• ###### What Is Francis Johnson's Plant Function In The Assembly Line

Exam 2 1. award: 0 out of 10 points The objective of strategic capacity planning is to provide an approach for determining the overall capacity level of labor-intensive resources. | False | 2. award: 10 out of 10 points Best operating level is the volume of output at which average unit cost is minimized. | True | 4. award: 10 out of 10 points Overtime and personnel transfers are solutions to capacity problems in the intermediate term.…

Words: 2664 - Pages: 11
• ###### H. M's Pinafore Case Study

Work Breakdown Structure 4 Immediate Predecessors 5 Critical Path 6 Quantitative Analysis 6 Alternatives 7 Recommendation 7 Implementation 8 Monitor and Control 10 Conclusion 10 Issue Identification Immediate Issue Once the budget is approved, a formal organizational chart will be required to prioritize tasks to ensure critical items are being focused on. I only have the ability to focus on being a producer for this production on a part-time basis, therefore it’s very important…

Words: 2344 - Pages: 10
• ###### Windows 10 Case Study

10. Once an application which is playing audio is minimized, then it might stop playing this audio all over sudden. 11. Downloading of music in the Music Preview app and the Xbox Music are broken. Microsoft is expected to solve this problem. 12. While in Project Spartan and you are selecting some text in the address box, no selection highlight will appear. However, you are allowed to right click inside the text box for copying, selecting or pasting. The problem is expected to be solved soon. 13…

Words: 1479 - Pages: 6
• Words: 28388 - Pages: 114
• ###### Short Term Memory During Infancy Essay

as well as one to test the grounds behind forgetting patterns for auditory STM in infancy (Ross-Sheehy & Newman 2013). Both tasks could be extended, to test forgetting patterns in visual STM and linguistic auditory memory. One study that created a task with which to test visual infant memory is Shannon Ross-Sheehy, Lisa M . Oakes, and Steven J. Luck’s (2003), visual task in, “The Development of Visual Short-Term Memory Capacity in Infants”. Ross-Sheehy, and colleagues designed a series of experiments…

Words: 1615 - Pages: 7
• ###### Assignment: Management Of Financial Resources And Performance

Assignment: Management of Financial Resources and Performance Introduction This assessment accounts for 100% of your overall module grade. It is an individually written assignment of about 3000-3500 words (10% -/+) excluding appendices, to be submitted to LSS Business School on the deadline shown in the student portal with the appropriate cover note according to the guidelines given in the student handbook. Your work is expected to be analytical and evaluative, consolidate on relevant theory…

Words: 1216 - Pages: 5
• ###### Backward Scheduling Case Study

realized by using this approach Backward Scheduling – An effective way of scheduling Warehouse activities About the Author Tarun Chugh He is an IT specialist with Tata Consultancy Services for the last 8 years and has an overall experience of over 10 years. His technological forte has been IBM iSeries (AS/400) based technologies. He has extensive experience in architecting solutions in different domains such as Banking, Retail, Insurance and Manufacturing. He is currently working on a project which…

Words: 4721 - Pages: 19