10 Equations Flashcards
Turnover
Number of staff leaving during a year / average number of staff x 100
Labour productivity
Output per period / number of employees at work x 100
Absenteeism
Number of staff absent ( 1 day ) / total number of staff x100
Health and safety
Number of days lost per annum for h and s reasons / total number of possible working days x 100
Gearing ratio
Non current liabilities / capital employed x 100
Operating profit margin
Operating profit / sales revenue x 100
Gross profit margin
Gross profit / sales revenue x 100
Return on capital employed
Operating profit / capital employed x 100
Inventory turnover ratio
Cost of sales / average inventories held
Trade receivable turnover
Trade receivables X 365 / credit sales