You explained in a few minutes video what my university professor could not in a whole year - why inventory is not always included in assets. I memorized the required formulas, but didn't "get" it. Thank you.
Bec,In most cases Inventory would get more much time to be converted into cash than the Accounts receivables so it has less liquidity than A/R.....(it's All about we excluded the less liquidity element from the current Assets for Conservatism purposes (more accurate)
Thank you for making this video. It was very informative, and as a college student double majoring in accounting and finance, it’s nice to see how important some of the stuff I’m learning in school will be in my career
You are talented person. When I was study MBA. My professor is not teaching us like you. So simple way. Great. Keep it up. Put your study material in e-learning portal
Thank you for making the videos it is so informative and you are sharing the smart , practical techniques that are very helpful . I am working as Finance Manager in leading IT Firm every week i view your videos they help me get idea and improve my accounting practices thanks for that please come with more smart and useful techniques so that we could excel in finance career🙂
Hey Bill, I really enjoy all your vids. I was hoping you could make a video on unboxing the external Auditor role, similar to how you did for the financial analyst video. Thanks
Hello hanna. I am from Bangladesh. I Watch your vedio. Its true that your ratio analysis vedio help me a lot for my further step.... Thanks for this types of vedio.... 15:30
Hi Bill, thank you for sharing this information! I had an interview today for junior FA position but in the end was asked what my salary requirement is. I gave a solid number based on experience, education and area average. Can you discuss how to properly answer this question in one of your videos please?
Great video. So informative. You make learning easier. I was wondering how we can get the credit sales as you weren't able to explain how you came up with $10,000? I'm doing my assignment right now on financial ratios. Thanks a lot!
This is the shit! I am very impressed with your videos and how you explain with examples. Make more videos! I would like to see a video on how to ratio a poor running company to a intermediate and an advanced well run company API ratio. Keep up the fantastic work 👏
Good explanation. You would have shared the full financial statement as the figures like net income and EBIT, Depreciation from where you have taken are not known.
Hey Bill. Why are cash equivalents ( items with a maturity date of 3 months or less) are included in the the quick ratio formula but inventories are not. I strongly believe that inventories can also be converted in cash in 3 months or less. Please advise.
I have onequestion on Solvency Ratio, the equatuion for Solvency ratio is =net income+ dep/ Liability, wheteher we consider Interest and Tax in net income or not? if we are not considering Interest and Tax, then we can take the equation as =Operating profit/Liability. looking forward to hear from you?
Hey Bill wonderfully done, a little confused in the Solvency Ratio, you talked about Long term Debt analysis in that but in your calculations, your kindself is using the total liabilities including current liabilities. So what do you suggest, shouldn't we use only long-term debt? Please guide, will be highly appreciated.
Hi Bill. I really appreciate your content but think the PPE are listed on the balance sheet as long term assets or non-current assets not other assets. Thanks.
Hi Amazing information. Just a question on deferred revenue. If we haven't ever received cash/payment before completing a service then can we record deferred revenue as expected income? There are some businesses that take payment after completion or upon completion of service Thanks
AR is what you are owed by customers at period end - it’s a current asset on balance sheet - credit sales is your revenue and that figure can be found on income statement
@@PJMcInerney Thank you very much. I was had the same question as well. But, I still need some clarification. if revenue is credit sales, what is accounts receivable? Because I thought those where the credit sales.
Accounts receivable is what your customers owe you at period end -same as debtors really - so you could have 10k credit sales in the period but 2k could still be owing to you at the end of the period - that is your AR figure - it appears as current asset in balance sheet
![[UNCUT] ชาวบ้านถาม “นายกอุ๊งอิ๊งค์” ประชาชนมีกิน มีใช้ กี่โมง? I คนดังนั่งเคลียร์ I 16 ส.ค. 67](http://i.ytimg.com/vi/tKZvOzLIJJc/mqdefault.jpg)
You explained in a few minutes video what my university professor could not in a whole year - why inventory is not always included in assets. I memorized the required formulas, but didn't "get" it. Thank you.
Bec,In most cases Inventory would get more much time to be converted into cash than the Accounts receivables so it has less liquidity than A/R.....(it's All about we excluded the less liquidity element from the current Assets for Conservatism purposes (more accurate)
Thank you for making this video. It was very informative, and as a college student double majoring in accounting and finance, it’s nice to see how important some of the stuff I’m learning in school will be in my career
Glad it was helpful!
You are talented person. When I was study MBA. My professor is not teaching us like you. So simple way. Great. Keep it up. Put your study material in e-learning portal
Hi,
I want to be a financial analyst. Can you help me to grow my skill and find job
Wou.. Wouu👏👏if you were my teacher during my college😊i would get 100/100. 😊
This is discrimination towards your teacher 🥲🥲
@@normacooks6749
That teacher deserves a lot more than discrimination.
Thank you for making the videos it is so informative and you are sharing the smart , practical techniques that are very helpful . I am working as Finance Manager in leading IT Firm every week i view your videos they help me get idea and improve my accounting practices thanks for that please come with more smart and useful techniques so that we could excel in finance career🙂
Wonderful!! a practical Accounting Tutorial, simple, concise yet with details to the point. Excellent.
You have explained so well! Thank you so much! I have learned plenty good things from you! Thank you! 🎉
Hey Bill, I really enjoy all your vids. I was hoping you could make a video on unboxing the external Auditor role, similar to how you did for the financial analyst video. Thanks
Soon
10
Thank you for the video,helped me understand and gain more confidence.
Hello hanna. I am from Bangladesh. I Watch your vedio. Its true that your ratio analysis vedio help me a lot for my further step.... Thanks for this types of vedio.... 15:30
Absolutely love your content Professor, this allows me to really understand what is going on!! Thank you!!
Im learning these ratios right now in Finance 301
Thank you!! I am so grateful for your videos!!
Hi Bill, thank you for sharing this information! I had an interview today for junior FA position but in the end was asked what my salary requirement is. I gave a solid number based on experience, education and area average. Can you discuss how to properly answer this question in one of your videos please?
Great video. So informative. You make learning easier. I was wondering how we can get the credit sales as you weren't able to explain how you came up with $10,000? I'm doing my assignment right now on financial ratios. Thanks a lot!
the P&L I think, its missing here to show us
Learned a lot! Thanks.
Wow thanks so much. I learned a lot from your explanation.
Excellent video
Thank you very much!
Thank you for this Video. Your Video is very information and can get result of KIPs with in short time .
It's my pleasure
I love you videos so much! Thank you!!!
Great explanation… thank you so much!!!
Great stuff, I am learning. Thank you.
Glad you liked it Doc :)
Excellent video.
This is the shit! I am very impressed with your videos and how you explain with examples. Make more videos! I would like to see a video on how to ratio a poor running company to a intermediate and an advanced well run company API ratio.
Keep up the fantastic work 👏
thanks Aaron
Hi can you make video on cashflow statements and discounted cash flow model.
sure
Very effective vedio..thank you very much
Good explanation. You would have shared the full financial statement as the figures like net income and EBIT, Depreciation from where you have taken are not known.
What do you think of the interpretation of debt to equity ratio for banks?
Hey Bill. Why are cash equivalents ( items with a maturity date of 3 months or less) are included in the the quick ratio formula but inventories are not. I strongly believe that inventories can also be converted in cash in 3 months or less. Please advise.
Thank you for this video.
But, where is credit sales and how is it identified?
Wonderful
good job!! thank you
I have onequestion on Solvency Ratio, the equatuion for Solvency ratio is =net income+ dep/ Liability, wheteher we consider Interest and Tax in net income or not? if we are not considering Interest and Tax, then we can take the equation as =Operating profit/Liability. looking forward to hear from you?
I love your videos. I want to have a career in finance but it’s hard for me to land a job because i lack experience.
Hey Bill wonderfully done, a little confused in the Solvency Ratio, you talked about Long term Debt analysis in that but in your calculations, your kindself is using the total liabilities including current liabilities. So what do you suggest, shouldn't we use only long-term debt? Please guide, will be highly appreciated.
Hi interesting observation. I encourage you to research it online. I will do the same
@@TheFinancialController Thank you for your kind reply and IA I will get back to your kindself
Great Tutorial
Sir currently you are teaching or working in corporates!?
Both
Adding depreciation to net income is just brilliant I would never have thought of it , only savvies know it
Great work. Kindly favor me with the link to the summary of the ratios.
Thank you
I appreciate 🙏 it
Hi..this is very useful..bud I didn't find pdf
Hi Bill. I really appreciate your content but think the PPE are listed on the balance sheet as long term assets or non-current assets not other assets. Thanks.
could you make a video explaining how Hollywood do accounting? Also known as Hollywood Accounting
Great! Thanks!
Debt/Equity is both in Solvency and Financial Leverage parts of the video. Is it correct?
Hi Amazing information. Just a question on deferred revenue. If we haven't ever received cash/payment before completing a service then can we record deferred revenue as expected income? There are some businesses that take payment after completion or upon completion of service Thanks
In the Solvency ratio how did you get a Net Income of 420,000?
Isn't that the total value of Assets?
its very helpful
@Whatsap ➊➏➊➐➐➍❾➊➋❽❾ thanks dear will but after clearing my CFA level 1 and 2
thanks 😊
Thankyou 😇❤️
Can't find the 100% free download you mentioned.
Hello dear from where you get credit sales 10,000? I love your video ❤️
Excellent video very impactful but the cheat sheet is not free I checked it cost $20
Why do you exclude discontinued operations from net income when evaluating a firm?
What degree is most suited for financial analysis?
How do you look at ratios for a seasonal business?
I usually explain it in footnotes
Anyone can please help from where to download the summary
🙏🙏🙏
how do you divide accounts receivable and credit sales arent they the same thing
AR is what you are owed by customers at period end - it’s a current asset on balance sheet - credit sales is your revenue and that figure can be found on income statement
@@PJMcInerney
Thank you very much. I was had the same question as well.
But, I still need some clarification.
if revenue is credit sales, what is accounts receivable? Because I thought those where the credit sales.
Great love from india
@Whatsap ➊➏➊➐➐➍❾➊➋❽❾ I didn't understand can send me only no. With country code
Where is the P&L ??
Profit and Loss account also called the income statement.
Hello. Are you currently taking on new business clients?
Not at the moment, thanks Richard!
🙏🙏🙏🙏🙏🙏
Hello is anyone able to download the free cheat sheet?
Can you tell me your qualifications
It is in the About section of my channel
Your credit sales = revenues?
Yes
@@TheFinancialController
Please can you explain how credit sales = revenues and not account receivables?
I think this confuse many people such as me.
Accounts receivable is what your customers owe you at period end -same as debtors really - so you could have 10k credit sales in the period but 2k could still be owing to you at the end of the period - that is your AR figure - it appears as current asset in balance sheet
@@PJMcInerney
Thank you, it makes sense now.
However, how did he come up with 420,000 as net income?
Guess he took it from P&l account which may not be showing on this video ( sorry it’s a while since I watched it)
its not free at all, it cost +/- 23usd
Awesome video man! I'm working on my MBA and needed a refresher on this stuff. This Marine appreciates you. 🫡
🙏🙏🙏