Evaluating Investment Mgmt: Turnovers Flashcards
1
Q
Operating ROA Operating ROE
A
NOPAT Margin x (Operating Asset TO)
2
Q
Operating Asset TO Net Asset TO
A
Sales / Net Assets
3
Q
Operating Working Capital to Sales
A
Operating Working Capital / Sales
4
Q
Operating Working Capital Turnover
A
Sales / Operating Working Capital
5
Q
Net LT Asset TO
A
Sales / Net LT Assets
6
Q
AR Turnover
A
Sales / AR
7
Q
AP Turnover
A
COGS / AP
8
Q
Inventory Turnover
A
COGS / Inventory
9
Q
Property Plant and Equipment Turnover
A
Sales / Net PPE
PPE = CapEx + (existing PPE)
Net PPE = PPE - (accumulated depreciation)
