Management & Short-Term Liquidity
Average Collection Period (130/2537.4)*365 18.70 (139.3/2454.7)*365 20.71
Average Payment Period (127/1643.7)*365 28.20 (129.5/1538)*365 30.73
Days Inventory (31.3/1546)*365 7.38 (37.7/1442)*365 9.54
Current Ratio 370.6/482.3 0.76 404.0/456.0 0.88
Quick Ratio (370.6-86.4)/482.3 0.58 (404.0-53.5)/456.0 0.76
4. Investment Ratio
EPS 200.1/134.79 1.48 189.6/13
maximize effectiveness and increase customer service efficiency
1. minimize complaints by securing evidence when vehicle was damaged
2. immediate response by button when emergency
3. connect to police if car is stolen
4. securing car number in around in accident
1. reduce management labor cost ( expected 20~50%)
2. reduce parking stanby time by quick access
3. reduce flu-gas
management. Compared to other companies’ net working capital ratios of 13%(GAP), 47.5%(H&M), 21.3%(Benetton) which measure efficiency of inventory management, Inditex’s working capital ratio amounted to less than 1%, to 0.8%. Comparing with H&M’s lower PPE/sales and higher working capital/sales ratios, Inditex’s high PPE/sales ratio of 37.8% is offset by low working capital/sales ratio of
of the line illustrated in
the previous example
Slope = (E(RA) – Rf) / (A – 0)
Reward-to-risk ratio for previous example = (20 – 8) / (1.6 – 0) = 7.5
What if an asset has a reward-to-risk ratio of 8 (implying that the asset plots above the line)?
What if an asset has a reward-to-risk ratio of 7 (implying that the asset plots below the line)?
[Google]
Power of decision to most members
CEO
Small size of project members
Minimizing the management process
Horizontal organization
[Microsoft]
Bill Gates centered decision making
Overlap of team tasks
Increasing size of teams
Long middle management process
Down order system