Taking A Look At Columbia Sportswear

Columbia Sportswear sports started in 1938, when the Landform’s family purchase Rosenfed Hats and invented Columbia Hat Company. The Daughter (Gertude Lanform) of Lansform designed and implemented a fishing/hunting vest into mass production. She later married to Neal Boyle. Her husband later ran the company until his death in 1960’s. Neal Boyle successors was his wife Gertude and their son Timothy. The Company hit some financial struggles in 1970’s and had to structure their company to become financially stable again. The company restructure, they ventured into the sports industry. Two years of operating in the sports industry they generated a million dollars in sales. By the company sports brand growing so much they expanded their product

They have operated and manage successful brands of clothes throughout decades. This corporation portfolio is extremely diversified in products. The diversification started in 1910, when they entered the lingerie with silk materials. Over the next century, the corporation constantly acquired new companies to add to their brand. The companies they operate strategically compete against each other such as Lee jeans and Wrangler. The continuously increase their annual sales of the corporation. In each of the these companies. They both generated profit from all source of income. The company’s yearly sales are high enough to extend line of credit to the consumers.
In 2012 Columbia Sportswear profited 2,100,590 of those earning 325,634 was income from account receivable. Their turnover ratio was 5:1 meaning they collected 5 times over given over period, but compared VF corporation collected more money in from their account receivable than Columbia. VF corporation profited 10 million dollars than its rival company. Also, their average income of the account receivable was significantly higher than Columbia. They collected three more accounts than it its it competitors. When the company earn, high profits makes them able theme offer more line of credit to their

VF corporation continued to show profit in the same year. Columbia Sportswear Account receivable turnover was still averaging 5:1 and the VF corporation account receivable turnover also remained the same as the prior year. The successful company earned 11 million in income compared to 1 million dollars even though both companies showed variation in earnings. One company earned less company and the other company earned more but the turnover ratio stayed the same from the previous year. Th reason being the turn over didn’t significantly change from the previous year cause the average amount of the account receivable did not change. If the companies had bigger increase in sales will affect the turnover ratio.
2014 was the highest earning for Columbia Sportwear. The increase in sales made the turnover ratio change to six accounts instead of five from the two previous years. VF corporation ratio increase to nine cause the sales reached to 12 million and average account receivable remained the