Table T-5.17

Merck & Co., Inc.

Ratios
. 1998 1997
Current ratio 1.69 1.47
Quick ratio 1.11 0.93
Working capital (in $ millions) 4160 2644
Receivables turnover 7.97 8.22
DSO (in days) 45.8 44.4
Inventory turnover 5.31 5.5
DSI (in days) 68.74 66.36
Payables turnover 3.78 3.61
DPO (in days) 96.56 101.11
Working capital turnover 6.47 8.94
TIE - -
Fixed assets/equity 0.61 0.52
Debt/equity 0.73 0.55
Pbt/equity 0.64 0.51
Pbt/total assets 0.26 0.25
Pat/equity 0.41 0.37
Pat/total assets 0.16 0.18
Sales/fixed assets 3.43 3.58
Sales/total assets 0.84 0.92