This is because of pre-booking of vehicles by customer and dealers and very less credit sales which is e

1
vehicle in the shape of advance bookings.
This change was not only because the entity sold more products but also due to declining demand of it
2
the sale figure is concerned, the rise can be attributed to higher number of sale units
Despite increase in stock and spares of about 48% from the previous period, the hefty rise in COS net o
3 the (The News, 2018 a) massive rupee devaluation (Jorgic, 2019) which increase the price of input (Ha
production, foreign exchange fluctuation and inflation translated into a bigger figure than last year
The rise in payables was mainly due to hefty depreciation in Pak Rupee increased (The News, 2018 a) i
4
and inflation.
 credit sales which is evident from the IMC’s trade debts which is very low. Toyota gets paid before the provi-sion of

declining demand of its (Nasir, 2018) flagship products it had to offer better sales credit than its competitors. As for as
units
hefty rise in COS net offed the impact on the inventory days. The higher value of the closing stock could be allocated to
the price of input (Hassan, 2017 a) material. As for the COS (Indus Motor Company Limited, 2016-2018) higher
ure than last year
d (The News, 2018 a) its entity payables. Whereas, COS grew due to higher production units, foreign exchange fluctuation
 e provi-sion of

petitors. As for as

uld be allocated to
018) higher

exchange fluctuation
 Whereas, in the 2018, the (Rizvi, 2018a) sales grew incrementally by 25% and so did the net pr
1 Monthly Brands, 2018) the company decided to invest some of the gains to (Hussain, 2018a) inc
to keep them attracted in these turbulent times. The rise in EPS can all be attributed to increase
the dividend payout ratio remained constant.
2
3
4
5
6
7
8
9
10
y 25% and so did the net profit almost by 21%. Assessing the economic upturn and incline the demands of their products (The
ains to (Hussain, 2018a) increase their facilities; and also, gave 22% more dividend than the previous period to its shareholder
all be attributed to increase in the profits which can be allocated to more sales and (Siddiqui, 2018) rise in product price. Thus,
ands of their products (The
us period to its shareholder
rise in product price. Thus,