Starbucks Financial Report Breakdown
Starbucks Coffee Company
ACCT290
Starbucks Coffee Company
Starbucks has grown into a common household name with storefronts all over the world. Currently, there are more than 17,000 coffee shops in more than fifty countries. Starbucks not only offers their customers coffee, but coffee beans, accessories, teas, brewers, music and food; all of which contribute to their financial success. Starbucks storefronts are now seen inside grocery stores as well, allowing the shopper browse the aisles while sipping a caffeinated beverage.
Starbucks also draws its followers and loyal customers by promoting themselves as being an environmental conscious company. Their goal is to have 100% recyclable or reusable cups by 2015. Starbucks is in the process of reducing their carbon footprint through water conservation and green construction. All of these factors have made Starbucks the largest coffee corporation in the world. Their efforts include cups made of recycled goods, and they even offer a plastic reusable cup for only a dollar, that can be used thirty times on average. They also recycle plastic and paper products and waste separately.
SBUX: Total Assets, Recent Annual Reporting and Cash/ Cash Equivalent
Total assets at the end of Starbucks most recent annual reporting period is $8,219.2 million at the end of “September 30, 2012, which was a growth of $858.8 million from October 2nd, 2011. This included $1,188.6 million cash and cash equivalents at the end of September 30th, 2012 (Starbucks Investor Relations, 2012).” The balance sheet their assets include: cash & cash equivalents, short term investments, accounts receivable, inventories, prepaid expenses, deferred income taxes, long term investments, equity & cost investments, property, plant and equipment and finally goodwill.
SBUX: Accounts Payable, Net Revenue with Change of Revenue
Starbucks has “$398.1 million in accounts payable at the fiscal year end of September 30, 2012 (Starbucks Investor
ACCT290
Starbucks Coffee Company
Starbucks has grown into a common household name with storefronts all over the world. Currently, there are more than 17,000 coffee shops in more than fifty countries. Starbucks not only offers their customers coffee, but coffee beans, accessories, teas, brewers, music and food; all of which contribute to their financial success. Starbucks storefronts are now seen inside grocery stores as well, allowing the shopper browse the aisles while sipping a caffeinated beverage.
Starbucks also draws its followers and loyal customers by promoting themselves as being an environmental conscious company. Their goal is to have 100% recyclable or reusable cups by 2015. Starbucks is in the process of reducing their carbon footprint through water conservation and green construction. All of these factors have made Starbucks the largest coffee corporation in the world. Their efforts include cups made of recycled goods, and they even offer a plastic reusable cup for only a dollar, that can be used thirty times on average. They also recycle plastic and paper products and waste separately.
SBUX: Total Assets, Recent Annual Reporting and Cash/ Cash Equivalent
Total assets at the end of Starbucks most recent annual reporting period is $8,219.2 million at the end of “September 30, 2012, which was a growth of $858.8 million from October 2nd, 2011. This included $1,188.6 million cash and cash equivalents at the end of September 30th, 2012 (Starbucks Investor Relations, 2012).” The balance sheet their assets include: cash & cash equivalents, short term investments, accounts receivable, inventories, prepaid expenses, deferred income taxes, long term investments, equity & cost investments, property, plant and equipment and finally goodwill.
SBUX: Accounts Payable, Net Revenue with Change of Revenue
Starbucks has “$398.1 million in accounts payable at the fiscal year end of September 30, 2012 (Starbucks Investor
References: Yahoo Finance (2013). Retrieved from http://finance.yahoo.com/q/is?s=SBUX&annual Starbucks Investor Relations (2012). Retrieved from http://investors&p=irol-reports