Financial Performance Analysis of Woolworths for 2017

Running head: ACCOUNTING FOR MANAGERS
Accounting for Managers
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ACCOUNTING FOR MANAGERS
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Executive Summary:
The financial performance of Woolworths is mainly analyzed in the current assessment,
which might help investors understand the financial progress and the investment scope
present within the organization. The comparison of two fiscal years is conducted to identify
the current financial position and the progress that has been made by Woolworths during the
period. Further evaluation has been conducted for investigating the current Common size
analysis and trend analysis of Woolworths for detecting its current financial performance.
After conducting the relevant evaluation the performance of the organization is anticipated,
which relatively helps in detecting the level of income and revenue that can be generated in
future. The identification of positive trend in Woolworths would eventually allow the
investors to generate high returns from investment.

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Table of Contents
Introduction:...............................................................................................................................3
Relevant Background of the company:......................................................................................3
Analysis of discussion:...............................................................................................................4
Conclusion:..............................................................................................................................10
Recommendation:....................................................................................................................11
References and Bibliography:..................................................................................................13

ACCOUNTING FOR MANAGERS
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Introduction:
The assessment aims in identifying the current financial capability of Woolworths for
the financial year of 2017. Adequate background of the organization is depicted in the
assessment, where its products and services are analyzed. Furthermore, the calculations such
as profitability ratio, efficiency ratio, solvency ratio, and market ratio are conducted to
identify the current financial position of Woolworths. Moreover, relevant comparison of two
fiscal years is conducted to identify the current financial position and the progress that has
been made by Woolworths during the period. Further evaluation has been conducted for
investigating the current Common size analysis and trend analysis of Woolworths for
detecting its current financial performance. After conducting the relevant evaluation the
performance of the organization is anticipated, which relatively helps in detecting the level of
income and revenue that can be generated in future. The identification of positive trend in
Woolworths would eventually allow the investors to generate high returns from investment.
Relevant Background of the company:
Woolworths Limited is one of the largest Supermarkets that adequately operate in
Australia since 1924. The company during the initiation stage was relatively small and was
considered a grocery store. However, the rising demand and changing customer preference
directly lead to augmentation of supermarkets in Australia, which supported the growth and
expansion process of Woolworths. Woolworths is considered to be under supermarket
industry, the composition of the competitors relatively indicate duopoly condition in
Australia. The company is selling adequately everything in supermarkets starting from
vegetables to the electronics components demanded by consumer. Woolworths Limited has
around 1000 stores across Australia, which comprises of 976 supermarket and 19
convenience stores that provides services to the customers. The company not only limits