Southeast Racing Parts (SRP)
1.0 Executive Summary
Southeast Racing Parts (SRP) is a small, North Carolina-based automobile racing parts brick and mortar and mail order organization. SRP will remain small in order to offer unprecedented customer attention. Southeast Racing Parts will become the premier destination for entry level and novice racing parts.
The Market
Southeast Racing Parts will be participating in an exciting, growing market. Motorsports has seen explosive growth in the USA in the 90's. It is now the
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n.a
Collection Days 0 0 0 n.a
Inventory Turnover 10.42 10.51 10.51 n.a
Accounts Payable Turnover 11.20 11.30 11.74 n.a
Payment Days 24 28 28 n.a
Total Asset Turnover 2.65 2.39 2.29 n.a
Debt Ratios
Debt to Net Worth 0.22 0.21 0.19 n.a
Current Liab. to Liab. 1.00 1.00 1.00 n.a
Liquidity Ratios
Net Working Capital $87,562 $140,063 $203,729 n.a
Interest Coverage 0.00 0.00 0.00 n.a
Additional Ratios
Assets to Sales 0.38 0.42 0.44 n.a
Current Debt/Total Assets 18% 17% 16% n.a
Acid Test 3.48 4.09 4.72 n.a
Sales/Net Worth 3.22 2.90 2.74 n.a
Dividend Payout 0.00 0.00 0.00 n.a
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