Profitability ratios 2012 2013 2014 2015 2016 2017 2018 2019 2020

Gross profit margin 30.06% 30.00% 29.83% 32.68% 33.03% 32.43% 31.74% 30.79% 26.21%
Net profit margin 3.42% 3.36% 3.46% 3.44% 3.14% 2.55% 2.29% 0.59% -11.82%
Return on assets 7.57% 7.25% 7.42% 5.92% 4.90% 3.73% 3.40% 0.91% -19.29%
Return on equity 14.87% 13.71% 13.53% 14.38% 13.10% 10.81% 11.30% 3.34% -183.42%

Turnover ratios
Inventory Turnover 3.70 3.74 3.69 3.68 3.24 3.12 2.82 2.85 3.20
Days in Inventory 98.74 97.53 99.02 99.16 112.76 117.07 129.60 128.21 114.09
Total asset turnover 2.21 2.16 2.14 1.72 1.56 1.46 1.48 1.55 1.63
AR Turnover 8.37 7.36 7.07 3.30 3.00 2.88 3.03 3.41 4.07
Days receivables 43.62 49.57 51.61 110.66 121.67 126.81 120.49 106.99 89.79

Liquidity ratios
Current ratio 2.66 2.49 2.28 1.71 1.57 1.75 1.55 1.58 1.24
Quick ratio 1.21 1.14 1.05 1.09 0.99 1.11 0.91 0.89 0.69

Solvency ratios
Debt/Equity Ratio 0.96 0.89 0.82 1.43 1.67 1.90 2.32 2.66 8.51
Debt to capitalization ratio 0.28 0.24 0.17 0.15 0.13 0.31 0.30 0.39 0.66
(LTL / LTL + SE)