higher level of ROS and capital turnover. That is to say, Inditex possesses relatively efficient operating economics measured by operating expense ratio and high capital efficiency by net working capital ratio.
Among three other competitors, the most interesting international competitor to compare the financial performance was H&M. ROIC for H&M and Inditex are similar, 24.16% and 27.27% accordi
1. 서 론
1.1 크로마토그래피(Chromatography)
크로마토그래피는 chromos(color)와 graphein(write)의 합성어, 즉 색을 통해 분석하는 것으로, 혼합물(mixture)의 분리 방법 중 하나이다. 다른 혼합물 분리 방법 중 하나인 추출(extraction)과 같은 원리로 시행되지만, 하나의 상(phase)은 다른 하나의 상이 지나가는 동안 고정
higher Operating Income Margin ratio than GAP. However the difference between both companies’ Operating Income Margin is decreased apparently in 2008.
(2) Additional Measures of Efficiency
Calculation
Sales / Long Term Assets
Abercrombie 2006 2007 2008
3,318,158 / 1,155,989 3,749,847 / 1,427,343 3,540,276 / 1,763,356
2.87040 2.62715 2.00769
GAP 2006 2007 2008
15,923 / 3,515
efficiencies above 50 % can be expected and could possibly lead to a major decrease of hydrogen production costs. The main technical issues for these high-temperature processes relate to materials development for corrosion resistance at high temperatures, high-temperature
membrane and separation processes, heat exchangers, and heat storage media. Design aspects and safety are also important for