2000 Retail Operations Survey: Statistical Summary

Cooperative Grocer 2000 Retail Operations Survey

Statistical Summary of Income Statement, Balance Sheet, and Ratios

SMALL
Sales <$1 Million
MEDIUM SMALL
Sales $1-2 Million
MEDIUM
Sales $2-4 Million
 MEDIUM LARGE
Sales $4-7 Million
LARGE
Sales >$7 Million
ALL
STORES

INCOME STATEMENT

100%100%100%GROSS SALES100%100%100%
33.8%34.7%34.9%GROSS MARGIN35.7%36.7%35.1%
 
15.615.5 17.616.9WAGES and SALARIES16.816.6 16.916.6 
1.91.8 1.91.9PAYROLL TAXES & WORKER'S COMP1.92.0 1.92.0 
0.80.9 1.00.8EMPLOYEE BENEFITS3.23.3 3.03.1 
0.90.8 0.50.5EMPLOYEE DISCOUNTS0.40.4 0.40.4 
1.21.2 1.41.4WORKING MEMBER DISCOUNTS0.40.4 0.50.4 
0.10.1 0.10.1OTHER LABOR0.40.4 0.30.4 
20.520.3 22.521.6TOTAL LABOR23.223.1 23.022.9 
 
4.24.2 3.73.6OCCUPANCY4.03.9 4.03.9 
1.21.3 1.10.7DEPREC. AND AMORTIZATION1.41.4 1.31.3 
0.30.3 0.50.5GOVERNANCE0.50.4 0.50.4 
1.01.0 0.70.6MEMBER DISCOUNTS0.70.6 0.70.6 
0.80.7 1.21.1ADVERTISING & PROMOTION1.31.3 1.31.2 
1.71.7 2.02.1OPERATING EXPENSES2.12.1 2.12.1 
-1.0-1.1 -0.9-1.0LESS: OTHER REVENUE-0.7-0.7 -0.7-0.7 
0.10.1 0.10.1MORTGAGE INTEREST0.10.1 0.10.1 
0.40.4 0.30.1OTHER INTEREST EXP.0.30.4 0.30.3 
1.91.9 0.30.3OTHER EXP.0.30.3 0.30.3 
0.00.0 0.00.0PATRONAGE REFUND0.30.3 0.20.2 
0.70.6 1.11.5ADMIN. EXP.1.21.1 1.21.1 
0.30.3 0.10.3INCOME TAXES0.60.6 0.50.6 
11.511.4 10.59.7TOTAL NON-LABOR EXP.11.811.6 11.711.5 
 
32.031.8 33.031.3TOTAL EXPENSES35.034.7 34.834.4 
 
2.2%2.2% 0.5%2.1%NET INCOME (LOSS)1.8%2.0% 1.7%2.0% 
 

BALANCE SHEET

25.8%26.8% 15.4%20.2%CASH11.0%11.3% 11.7%12.1% 
36.836.5 28.530.8INVENTORY18.218.1 19.419.1 
3.03.1 1.62.3ACCOUNTS RECEIVABLE & PREPAIDS3.13.2 3.03.2 
65.666.5 45.553.3TOTAL CURRENT ASSETS32.332.6 34.034.4 
20.219.1 43.136.4NET FIXED ASSETS57.259.4 55.457.3 
14.214.5 11.410.4OTHER ASSETS10.58.0 10.68.2 
100%100% 100%100%TOTAL ASSETS100%100% 100%100% 
 
17.5%17.2% 19.3%18.9%CURRENT LIABILITIES18.5%18.5% 18.5%18.5% 
23.622.7 27.714.3NET LONG TERM DEBT26.825.0 26.824.4 
41.139.9 47.033.3TOTAL LIABILITIES45.343.5 45.342.9 
 
23.022.6 32.334.2MEMBER SHARE CAPITAL23.624.6 24.325.0 
33.134.6 20.232.5RETAINED EARNINGS31.131.9 30.332.0 
2.82.9 0.50.0OTHER CAPITAL0.00.0 0.10.1 
58.960.1 53.066.7TOTAL EQUITY54.756.5 54.757.1 
 
100%100% 100%100%TOTAL LIABILITIES & EQUITY100%100% 100%100% 
 

RATIOS

KEY: UQ = Upper Quartile MED = Median LQ = Lower Quartile
20.020.0 15.014.9SALES TREND: % (over last year)UQ14.515.3 15.715.8 
10.010.0 12.712.7MED10.511.0 10.711.0 
5.85.4 7.98.0LQ5.86.8 6.87.0 
  
451479 885885SALES PER SQ FT PER YEAR: $ (annual sales/selling price)UQ933957 871871 
342344 475530MED799805 649683 
230246 426426LQ666674 425427 
  
47.0948.71 50.7350.73SALES PER PAID LABOR HOUR: (total sales/total paid labor)UQ61.3862.11 59.8160.48 
42.1844.33 46.4347.62MED52.6953.37 50.1650.10 
29.5930.24 37.0138.90LQ46.6047.92 43.2343.51 
  
5.345.41 6.817.38SALES TO TOTAL ASSETS: $ (total sales/total assets)UQ4.634.57 5.415.48 
4.594.66 5.096.60MED3.743.83 4.254.32 
2.663.04 2.802.68LQ2.803.03 2.692.69 
  
37.1460.66 36.4241.47SALES TO NET FIXED ASSETS: $ (sales/[fixed assets less deprec.])UQ15.8612.06 27.8928.83 
24.6226.46 21.0321.03MED7.667.47 11.1711.17 
12.2215.02 6.136.80LQ4.904.98 5.625.62 
  
8.648.66 12.6312.38INVENTORY TURNS PER YEAR: (cost of goods/avg. inventory)UQ15.5715.71 13.5113.51 
7.087.55 11.3311.33MED12.3012.38 10.6310.90 
5.816.15 9.159.21LQ10.1510.39 8.668.70 
  
6.425.35 3.563.32CURRENT RATIO: (curr. assets/curr. liabilities)UQ2.683.02 3.713.32 
3.161.88 3.153.20MED1.941.94 2.242.55 
2.021.47 1.553.15LQ1.211.65 1.491.83 
  
0.920.81 1.550.93DEBT TO EQUITY: (total liabilities/total equity)UQ2.061.91 1.851.18 
0.420.33 0.650.33MED0.670.66 0.650.58 
0.110.11 0.260.21LQ0.440.45 0.280.25 
  
26.426.4 11.818.8RETURN ON EQUITY: % (net income/total equity)UQ20.721.5 21.023.5 
8.411.6 10.111.1MED15.216.0 11.212.3 
2.22.2 2.09.1LQ4.67.6 3.76.4 
  
15.415.8 8.99.7RETURN ON ASSETS: % (net income/total assets)UQ13.314.5 13.714.8 
11.611.7 5.76.3MED8.69.5 6.29.4 
1.92.4 1.75.2LQ2.43.2 2.13.8 
  
35.234.9 34.433.6GROSS MARGIN: % ([sales -- cost of goods]/sales)UQ36.836.3 36.035.9 
33.532.7 32.332.0MED35.534.9 34.334.1 
31.431.2 31.330.9LQ33.933.7 32.132.0 
  
4.04.1 3.53.4DISCOUNT EXPENSE: % (% of total sales)UQ2.82.5 3.53.5 
3.23.7 2.42.4MED1.61.3 2.12.0 
2.01.9 1.31.2LQ0.90.9 1.11.0 
  
22.722.4 23.823.0TOTAL LABOR EXPENSE: % (total paid labor/total sales)UQ23.523.3 23.523.1 
21.120.7 22.621.6MED22.622.2 22.321.6 
19.518.8 20.119.7LQ20.420.2 20.219.8 
  
2.72.7 2.53.5NET INCOME: % (% of total sales)UQ3.53.6 3.13.4 
2.32.4 0.91.8MED2.22.3 1.92.3 
0.50.8 0.20.9LQ0.71.0 0.50.9
See other articles from this issue: #095 July - August - 2001