$Aramark (ARMK.US)$There has been a slight increase in reven...
$Aramark (ARMK.US)$There has been a slight increase in revenue fluctuations over the past five years, with an average growth rate of only 2.3%. Operating profit has shrunk by 22% over the past 5 years due to falling gross margin. Among them, 2020 still lost 1 year, net profit was lost for two years in 2020 and 2021, and losses were only reversed in 2022.
Accounts receivable increased by $400 million in 2022, inventories increased by $140 million, while net profit was only $190 million.
In the first two quarters of 2023, revenue increased by 17.9%, operating profit increased 35.2%, and net profit increased 66.5% to 130 million. Inventories increased by $40 million and accounts receivable increased by $210 million during the same period. The growth rate of receivables is very unhealthy.
Goodwill and other intangible assets of $7.674 billion, which is more than 2 times the net assets of $3.191 billion, long-term loans of $7.907 billion, and the leverage ratio is extremely high.
Currently, the price-earnings ratio is 51, and the price-earnings ratio TTM has dropped to 40. Although the recent growth rate is extremely high, considering the balance sheet situation, it is relatively stable to observe a few more quarters.
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73711463 : Is the money here in dollars?