Western Digital 1996 Annual Report Download - page 11

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Please find page 11 of the 1996 Western Digital annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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9
96
$1,138
Market Capitalization as of Year End
(in millions)
92
$142
93
$146
94
$572
95
$869
94
$59
95 96 $0
Long-Term Debt
(in millions)
92
$243
93
$183
9692 93 94 95
Conversion Cycle
(average quarterly performance)
49
29
21
71 Western Digitalā€™s 21 day
conversion cycle is the best
in the hard drive industry.
Conversion cycle measures
how quickly the Company
is able to turn its net invest-
ments in inventory, accounts
receivable and accounts payable
into cash.
Superior asset management
and sustained profitability
have led to the elimination
of the companyā€™s debt.
Western Digitalā€™s total market
value has grown as the Company
improved its product quality,
manufacturing efficiency and
asset management.
Shareholder Value
Western Digital Corporation