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    ZULUAGA, 2020 - Cash Flow Cycle Analysis Template

    Uploaded by

    andrea
    This document analyzes the cash flow cycle and foreign exchange risks of Example Company. It provides financial data for years t-2 through t including assets, liabilities, sales, costs and activity ratios. It then examines the company's cash conversion cycle, operating cycle, accounts receivable and payable days, and estimated annual amount owed to suppliers. The document also analyzes the company's FX position as an importer, estimates gains/losses from hedging USD payments, and charts potential profit/loss per USD under different exchange rates.

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    ZULUAGA, 2020 - Cash Flow Cycle Analysis Template

    Uploaded by

    andrea
    102 views8 pages
    This document analyzes the cash flow cycle and foreign exchange risks of Example Company. It provides financial data for years t-2 through t including assets, liabilities, sales, costs and activity ratios. It then examines the company's cash conversion cycle, operating cycle, accounts receivable and payable days, and estimated annual amount owed to suppliers. The document also analyzes the company's FX position as an importer, estimates gains/losses from hedging USD payments, and charts potential profit/loss per USD under different exchange rates.

    Original Description:

    modelo de analisis del profe zuluaga

    Original Title

    ZULUAGA,2020 - Cash Flow Cycle Analysis Template

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    This document analyzes the cash flow cycle and foreign exchange risks of Example Company. It provides financial data for years t-2 through t including assets, liabilities, sales, costs and activity ratios. It then examines the company's cash conversion cycle, operating cycle, accounts receivable and payable days, and estimated annual amount owed to suppliers. The document also analyzes the company's FX position as an importer, estimates gains/losses from hedging USD payments, and charts potential profit/loss per USD under different exchange rates.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    102 views8 pages

    ZULUAGA, 2020 - Cash Flow Cycle Analysis Template

    Uploaded by

    andrea
    This document analyzes the cash flow cycle and foreign exchange risks of Example Company. It provides financial data for years t-2 through t including assets, liabilities, sales, costs and activity ratios. It then examines the company's cash conversion cycle, operating cycle, accounts receivable and payable days, and estimated annual amount owed to suppliers. The document also analyzes the company's FX position as an importer, estimates gains/losses from hedging USD payments, and charts potential profit/loss per USD under different exchange rates.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    You are on page 1of 8

    Example Company (million COP)

    Cash Flow Cycle Analysis


    Selected Financial Statement acco Year t-3 Year t-2 Year t-1 Year t Activity ratios Year t-2
    Inventories 11,925 11,620 6,864 6,116 Receivables Turnover 3.5
    Trade receivables 2,718 3,422 3,657 Payables Turnover 0.6
    Total assets 20,074 15,876 14,593 Inventory turnover 0.5

    Trade and other payables   8,665 4,339 4,683 Days Receivables 105
    Total liabilities 16,342 10,377 9,515 Days Payables 629
    Inventory days 795
    Net Sales 9,428 12,764 10,018 Net Sales 9,428
    Estimated amount to
    Cost of goods sold 5,332 8,099 5,837 pay to suppliers per
    year 14,936
    900 14000 Payment date
    800
    12000
    700
    10000
    600
    8000 Days Payables
    500
    Inventory days
    400 6000 Days Receivables
    Net Sales
    300
    4000
    200
    2000
    100

    0 0
    Year t-2 Year t-1 Year t
    Year t-1 Year t
    3.7 2.7
    0.8 1.1
    1.2 1.0

    98 133
    474 336
    309 382
    12,764 10,018

    5,632 4,309
    31-Jan-2019
    Purchase OrderGoods Arrive Cash Paid for Goods Goods Sold Cash Received

    Supplier Lead time, inventory days and receivables 60 336 382 133
    Date of the event 1/01/2018 2/03/2018 31/01/2019 19/03/2019 30/07/2019
    Cash Conversion cycle 180
    Operating cycle 516
    Cash Received
    FX Analysis: Imports vs Exports
    Exchange Rate end of year 3,001 2,984
    Imports - FOB USD USD1,175,949 USD0
    Exports - FOB USD USD0 USD160,462
    % Exports on Receivables (USD) 0.00% 13.99%
    % Imports on Payables (USD) 40.72% 0.00%
    FX net position for the company Short (importer) Long (exporter)

    FX payment analysis
    day 1-Jan-2018 31-Jan-2019
    Numer of days 0 396
    Spot COP / USD 2984 3163.46
    Estimated payment done in USD 912,300
    Estimated dev/rev aluation 2.20% annual 2.39%
    Actual dev/rev aluation on day 396 6.01%
    Estimated forward rate on day 396 3055
    Forward contract value in COP ### 2,886,024,558
    End result for importer Gain

    Payment Scenarios at delivery in COP


    Importer ###
    Bank ###

    Exchange rate (TRM) Profit/Loss per USD for the importer


    2200 -855
    2400 -655
    2600 -455
    2800 -255
    3000 -55
    3200 145
    3400 345
    3600 545
    3800 745
    4000 945
    4200 1145

    FX hedging using an FX investment


    i USD 5% annual 0.01%
    1-Jan-2018 31-Jan-2019
    FV 912,300
    PV USD 865,279 USD
    PV COP ###
    1500
    3,250
    USD912,300 1000

    Profit/Loss per USD


    USD0
    0.00% 500
    63.31%
    Short (importer) Profit/Loss per USD
    0 for the importer
    00 00 00 00 00 00
    22 26 30 34 38 42
    -500

    -1000
    Exchange rate
    Actual dev/rev aluation
    USD
    for the period
    for the period 5.53%

    daily

    USD
    Loss per USD
    e importer

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