Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2014-09-01 (11 years)Status: ActiveBusiness sector: Vente à distance sur catalogue spécialiséLocation: AVIGNON (84000), Vaucluse
66 BIS : revenue, balance sheet and financial ratios
66 BIS is a French company
founded 11 years ago,
specialized in the sector Vente à distance sur catalogue spécialisé.
Based in AVIGNON (84000),
this company of category PME
shows in 2020 a revenue of 3 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2021, 66 BIS records a net loss of 0 €. This deficit will reduce equity on the balance sheet.
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
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Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 281.02. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2021)
?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
281.021
Liquidity indicators evolution 66 BIS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2020
2021
Liquidity ratio
229.167
221.901
148.737
281.021
Interest coverage
0.0
0.0
0.0
None
Sector positioning
Liquidity ratio
281.022021
2017
2020
2021
Q1: 113.76
Med: 191.99
Q3: 351.02
Good
In 2021, the liquidity ratio of 66 BIS (281.02) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
0.0x2020
2017
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.72x
Average
In 2020, the interest coverage of 66 BIS (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2021)
?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
0 €
Customer credit (2021)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
0 j
Supplier credit (2021)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
0 j
Inventory turnover (2021)
?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
0 j
WCR and payment terms evolution 66 BIS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2020
2021
Operating WCR
-146 €
599 €
287 €
0 €
Inventory turnover (days)
38
61
132
0
Customer payment term (days)
12
18
0
0
Supplier payment term (days)
18
14
17
0
Positioning of 66 BIS in its sector
Comparison with sector Vente à distance sur catalogue spécialisé
Similar companies (Vente à distance sur catalogue spécialisé)
Compare 66 BIS with other companies in the same sector:
The headquarters of 66 BIS is located in AVIGNON (84000), in the department Vaucluse.
Where to find the tax return of 66 BIS ?
The tax return of 66 BIS is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
In which sector does 66 BIS operate?
66 BIS operates in the sector Vente à distance sur catalogue spécialisé (NAF code 47.91B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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