Seasonal variation. 3. When there is steady increase is recorded in the consumer price index, it is an example of:
Seasonal variation. 4. Removing the highest and lower actual-to-moving average values when computing seasonal index for annual data reduces;
Seasonal variation. 8. The result of discarding extreme values before averaging is called ------------
Seasonal variation. 12. In time series, the occurring of earth quake or floods or wars, is an example of:
Seasonal variation. 17. Ina secular trend, when the trend can be described by a straight line, it is called –––––– trend:
Seasonal variation. 2. In the time series, thorough ratio to moving average method the degree of variation is measured by:
Seasonal variation. There are substantial seasonal aspects affecting Altia’s net sales and profitability during the year, namely holiday and seasonal consumer buying patterns, especially at the end of the year during Christmas and New Year, but also during other key holidays such as Easter, the 1st of May and Midsummer. Altia typically generates a large amount of its revenue and cash flow during the fourth quarter of each financial year driven by the Glögg category as well as the Christmas and New Year season sales in general with higher consumption and gift purchases of more premium wine and spirits. On the other hand, Xxxxx’s revenue is generally lower in the first quarter of each financial year, in addition to which excise taxes related to the high season at the end of the year are paid in January, resulting in large cash outflows. The seasonal variations have resulted in significant fluctuations also in net working capital during the financial year, with Xxxxx’s net working capital requirements at their highest before Christmas, Easter and Midsummer. Net working capital needs in the first quarter of the year are typically driven by lower operating revenue, payable alcohol taxes, VAT and due trade payables arising from the Christmas selling period in the fourth quarter. In the third quarter, Altia generally purchases and produces large amounts of products, such as Blossa Glögg in the lead up to the Christmas season and thus utilises a significant amount of cash from operations for its working capital needs. A failure or the occurrence of any adverse event during a high season could result in a significant reduction in net sales and therefore a deterioration in full-year earnings.
Seasonal variation. There are substantial seasonal aspects affecting Arcus’ sales and profitability throughout the year, namely holiday and seasonal consumer buying patterns, especially at the end of the year during Christmas and the New Year, but also during other key holidays such as Easter, the 17th of May and during the summer period. Arcus typically generates a large amount of its revenue and cash flow during the fourth quarter of each financial year driven by the Christmas and New Year season sales in general with higher consumption and gift purchases of more premium wine and spirits. On the other hand, Arcus’ revenue is generally lower in the first quarter of each financial year.
