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marvel comics turnaround - Turnaround Management Association

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Marvel Comics <strong>Turnaround</strong> Team 2<br />

Marvel Financial Status - Pre-Bankruptcy<br />

Marvel Entertainment Group<br />

1992 1993 1994 1995<br />

Net Income 32.6 56.0 61.8 (48.4)<br />

Revenues 223.8 415.2 514.8 828.9<br />

Expenses 167.1 325.3 422.4 866.9<br />

A/R 69.0<br />

Recievables turnover 3.2<br />

Days' sales in receivables 112.5<br />

Inventory 16.3<br />

Inventory turnover 13.7<br />

Days' sales in inventory 26.6<br />

A/P 14.9<br />

Payable turnover 6.9<br />

Days' COGS in payables 52.8<br />

Working Capital 70.4<br />

Z Score 3.1<br />

10<br />

77.9<br />

5.3<br />

68.5<br />

23.2<br />

17.9<br />

20.4<br />

19.9<br />

9.3<br />

39.3<br />

81.2<br />

4.9<br />

189.5<br />

2.7<br />

134.4<br />

51.0<br />

10.1<br />

36.2<br />

69.6<br />

5.4<br />

67.6<br />

170.9<br />

1.6<br />

240.0<br />

3.5<br />

105.7<br />

82.4<br />

10.1<br />

36.3<br />

104.8<br />

6.5<br />

56.4<br />

217.6<br />

0.9

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