Table T-5.20

J.C. Penney Company Inc.

Ratios
  1998 1997
Current ratio 1.86 1.9
Quick ratio 0.76 0.68
Working capital (in $ millions) 5155 5443
Receivables turnover 6.95 8
DSO (in days) 52.52 45.63
Inventory turnover 3.62 3.48
DSI (in days) 100.83 104.89
Payables turnover 6.31 5.28
DPO (in days) 57.84 69.13
Working capital turnover 5.95 5.61
TIE 2.99 2.69
Fixed assets/equity 0.76 0.72
Debt/equity 2.3 2.19
Pbt/equity 0.13 0.13
Pbt/total assets 0.04 0.04
Pat/equity 0.08 0.08
Pat/total assets 0.03 0.02
Sales/fixed assets 5.62 5.73
Sales/total assets 1.3 1.3
Source: J.C. Penney Company Inc. 1998 Annual Report