Cooperative Grocer 2001 Retail Operations Survey: Data Summary

 

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

100.0%100.0%100.0%GROSS SALES100.0%100.0%100.0%
33.8%35.4%36.4%GROSS MARGIN35.9%37.1%35.9%
22.1%23.7%23.4%PERSONNEL22.1%24.0%23.1%
4.8%4.5%4.3%OCCUPANCY4.4%4.3%4.4%
2.1%1.0%1.5%DEPREC. & AMORTIZATION1.5%1.5%1.5%
2.0%2.3%2.2%STORE OPERATING EXP2.1%2.4%2.2%
0.9%1.2%1.1%ADMINISTRATIVE EXP1.1%0.9%1.1%
0.6%0.4%0.5%GOVERNANCE0.5%0.5%0.5%
1.2%0.7%1.0%MEMBER SALES DISCOUNTS0.8%0.9%0.9%
0.8%1.0%1.3%ADVERTISING AND PROMOTION1.4%1.1%1.2%
34.8%34.7%35.4%TOTAL OPERATING EXPENSES33.8%35.4%34.8%
-0.8%0.7%0.9%OPERATING PROFIT2.1%1.7%1.1%
1.3%1.4%0.7%PLUS: OTHER INCOME0.7%0.6%0.9%
0.9%0.6%0.6%INTEREST EXP0.5%0.6%0.6%
0.0%0.1%0.5%TAXES0.3%0.3%0.3%
0.3%0.7%0.4%OTHER EXPENSES0.9%0.3%0.6%
-0.1%0.0%0.8%TOTAL OTHER INCOME/EXPENSES1.0%0.7%0.6%
-0.8%0.7%0.2%NET INCOME1.1%1.0%0.6%
2.3%2.3%2.8%EBITDA3.4%3.4%2.9%
 

BALANCE SHEET

10.5%21.7%18.0%CASH20.6%13.6%17.4%
35.0%28.4%22.6%INVENTORY18.8%15.8%22.7%
1.7%2.3%1.8%ACCOUNTS RECEIVABLE & PREPAIDS3.2%3.9%2.7%
47.2%52.5%42.4%TOTAL CURRENT ASSETS42.6%33.3%42.8%
40.1%36.8%47.4%NET FIXED ASSETS53.3%55.4%47.8%
12.7%10.7%10.2%OTHER ASSETS4.1%11.2%9.3%
100.0%100.0%100.0%TOTAL ASSETS100.0%100.0%100.0%
11.5%12.5%13.9%ACCOUNTS PAYABLE9.1%11.0%11.5%
6.2%8.0%8.4%OTHER CURRENT LIABILITIES11.7%11.4%9.6%
17.7%20.4%22.3%TOTAL CURRENT LIABILITIES20.8%22.4%21.0%
39.7%30.4%29.6%LONG TERM LIABILITIES30.9%26.9%30.8%
57.3%50.8%51.9%TOTAL LIABILITIES51.8%49.4%51.8%
23.3%40.9%28.4%MEMBER SHARE CAPITAL21.7%27.1%28.0%
19.4%8.3%19.7%RETAINED EARNINGS26.5%23.6%20.2%
42.7%49.2%48.1%TOTAL EQUITY48.2%50.6%48.2%
100.0%100.0%100.0%TOTAL LIABILITIES & EQUITY100.0%100.0%100.0%
 

RATIOS

19.2%14.1%14.8%SALES TREND: %
(over previous year)
UPPER QUARTILE20.2%15.9%17.4%
15.1%6.0%12.1%MEDIAN11.8%9.7%9.9%
9.0%2.2%2.6%LOWER QUARTILE7.0%6.3%5.9%
 
4817811,094SALES PER SQ. FT. PER YEAR: $
(annual sales/selling space)
UQ1,0441,3381,055
361568779MED9541,098847
235461604LQ817977570
 
4.056.254.74SALES TO TOTAL ASSETS: $
(total sales/total assets)
UQ5.145.175.14
3.423.474.04MED3.814.163.82
2.463.243.27LQ2.932.992.99
 
26.1550.8816.72SALES TO NET FIXED ASSETS: $
(sales/[fixed assets less accum. depreciation])
UQ10.2711.5114.40
7.3321.738.11MED7.996.937.90
5.735.285.76LQ5.184.845.29
 
7.9910.1215.73INVENTORY TURNS
(cost of goods/average inventory)
UQ14.8419.6115.93
6.979.4412.53MED13.5217.1413.15
6.598.1610.91LQ12.2715.379.42
 
6.895.403.78CURRENT RATIO
(current assets/current liabilities)
UQ2.852.273.32
4.572.911.89MED2.001.481.97
1.701.671.26LQ1.450.921.31
 
1.546.233.18DEBT TO EQUITY
(total liabilities/total equity)
UQ2.651.802.43
1.010.510.81MED0.770.650.74
0.210.270.46LQ0.340.420.35
 
15.9%17.6%17.6%RETURN ON EQUITY
(net income/total equity)
UQ21.8%17.3%18.7%
8.7%5.6%7.9%MED12.3%10.9%10.1%
0.9%-21.2%-38.7%LQ9.7%3.0%1.2%
 
7.4%8.7%9.4%RETURN ON ASSETS
(net income/total assets)
UQ8.8%8.4%8.9%
3.4%4.5%4.2%MED6.2%5.0%4.8%
-9.0%-3.3%-2.8%LQ4.0%0.9%-2.7%
 
35.3%36.2%37.2%GROSS MARGIN
([sales less cost of goods]/sales)
UQ37.1%38.3%37.5%
33.8%36.1%36.1%MED35.7%36.7%35.7%
32.2%33.8%35.1%LQ34.6%35.2%34.3%
 
1.2%1.0%1.5%DISCOUNT EXPENSE
(percent of total sales)
UQ0.9%1.3%1.2%
1.1%0.4%0.7%MED0.3%0.3%0.5%
0.0%0.0%0.1%LQ0.0%0.0%0.0%
 
23.3%24.1%24.2%TOTAL LABOR EXPENSE
(total paid labor/total sales)
UQ23.3%24.9%24.0%
22.5%23.8%23.4%MED22.6%23.5%23.0%
21.2%23.2%22.2%LQ21.6%22.4%22.2%
 
1.9%1.8%3.6%OPERATING PROFITUQ2.9%2.5%2.7%
0.5%0.5%1.5%MED2.2%2.0%1.4%
-2.1%-0.2%-1.1%LQ0.8%0.5%-0.1%
 
3.5%3.7%5.3%EBITDA
(earnings before interest, taxes, deprec., amortiz.)
UQ4.7%4.7%4.6%
2.9%2.9%3.4%MED3.7%3.5%<
See other articles from this issue: #101 July - August - 2002