Walmart is the world's largest company by revenue, largest private employer, and largest grocery retailer and toy seller in the US. It has over 8,500 stores in 15 countries. The document provides financial and operational details about Walmart, including its revenue breakdown by segment, stock and dividend information, accounting policies, income statements and balance sheets for Walmart and CVS, ratios comparing the two companies, and Walmart's mission statement.

2. MEET
$ The world’s largest public corporation by
revenue
$ The largest private employer in the
world
$ The largest grocery retailer in the
USA
$ The largest toy seller in
America
$ Each year 93% of the
American households do
shopping in some Wal-Mart
store at least once
$ 8,500 stores in 15 different
countries

3. Wal-Mart Stores- sales amounted to
64.3%;
Discount Stores- 1,568 U.S
Supercenters- 1,258 U.S
Neighborhood Markets- 49 stores
U.S
Sam’s Club- sales amounted to 13.0%
525 stores U.S
Is a member only, cash and carry
operations
International- sales amounted to
16.7%
Discount stores- 942
Supercenters- 238
Sam’s Clubs- 71
Neighborhood Market- 37
3 different segments:

4. Stock market information
Most recent price for Wal-Mart stock is $54.87 (Feb./17/2011)
The 12 month trading range is between $46.25 and $55.20

5. Dividends
Dividend per share: $1.09

6. Accounting policies:
Revenue Recognition: The company recognizes sales
revenue net of sales axes and estimated sales returns at the
time it sells merchandise to the client.
Cash: The investments with a maturity of three months or
less are considered cash. Also, all debit credit cards process
in less than a week are considered cash.
Inventory: The inventory is recorded in books at its lower
cost with the accounting method “LIFO” (last in-first out).
And the international inventory is valued with “FIFO”
(first in-first out)
Long life assets: PPE and other long life assets are sated
at cost.

7. Common sized income statement
Walmart CVS
Sales $419,654 $96,413
COGS $315,287 $76,156
Gross Margin $106,562 $20,257
Operating expense $81,020 $81,020
Operating income $25,542 $6,165
Miscellaneous income $2,225
Interest expense $2,205
Total other expenses $201
Income before taxes $23,538 $5,629
Provision for income taxes $7,579 $2,190
Net Income $16,389 $3,424

8. Common-sized balance sheet
Walmart CVS Walmart CVS
Cash $7,907 $1,427 4.63% 2.30%
Accounts Receivable, net. $4,144 $4,925 2.43% 7.92%
Inventories $33,160 $10,695 19.43% 17.20%
Other Current assets $3,120 $659 1.83% 1.06%
Total Current Assets $48,331 $17,706 28.31% 28.48%
P.P.E. $99,544 $8,322 58.31% 13.39%
Goodwill $16,126 $25,669 9.45% 41.29%
Other non-cur. Assets $6,705 $10,472 3.93% 16.84%
Total Longterm Assets $122,375 $44,463 71.69% 71.52%
Total Assets $170,706 $62,169 100.00% 100.00%
Current Liabilities $55,561 $11,070 32.55% 17.81%
Total Long-term Liabilities $42,216 $13,399 24.73% 21.55%
Total Liabilities $97,777 $24,469 57.28% 39.36%
Total Shareholders' Equity $72,929 $37,700 42.72% 60.64%
Total Liabilities & Equity $170,706 $62,169 100.00% 100.00%

9. Ratios
Walmart CVS
2010 2009 2010 2009
Working capital -7230.00 -6441.00 6636.00 5237.00
Quick ratio 0.22 0.20 0.57 0.53
Current ratio 0.87 0.88 1.60 1.43
Days sales oustanding 9.51 8.82 7.12 7.58
Receivables turnover 101.27 103.72 19.58 18.09
Days sales
outstanding/receivables
turnover 0.09 0.09 0.36 0.42
Days sales in inventory 38.39 41.38 51.26 48.18
Inventory turnover 9.51 8.82 7.12 7.58
Days sales in
inventory/Inventory
turnover 4.04 4.69 7.20 6.36
Ratio of assets to long-term
liabilities 4.04 3.99 4.64 4.54
Debt-to-equity ratio 1.34 1.39 0.65 0.72
Interest coverage ratio 10.67 10.71

10. Mission Statement