Later, by applying the Hazard model, he found

fixed asset turnover, capital turnover and price to book value as having a positive impact on failure probability.

The inventory turnover and

fixed asset turnover ratios are significantly higher in U.

3 Receivables turnover ratio index X 2 Inventory turnover ratio Current asset turnover ratio

Fixed asset turnover ratio Total asset turnover ratio Profitability 0.

To sum up, as it is confirmed by the F-test statistics, the main explanatory variables of the profitability of the real estate companies were the

fixed asset turnover, the return on sales and the level of fixed assets and debt (included into the asset coverage ratio), all of them provided by an expansive economic cycle characterized by a high level of sales and a high leverage of the companies.

Firm size is represented by share capital, profitability is measured through EPS, public ownership is in percentage, capital structure is represented by the ratio of long term debt to total assets, dividend payout at actual, efficiency is measured through

fixed asset turnover, growth rate is noted through sales growth rate, liquidity is measured by current ratio, and business risk is represented by operating leverage.

In a sample of 200 small, privately-held manufacturing firms, the study examined whether significant differences exist between firms providing only standard products ("efficiency firms"), those providing only made-to-order products ("flexibility firms"), and those providing both standard and made-to-order products ("mix firms") in terms of working capital turnover,

fixed asset turnover, cost structure, and margins.

Fixed asset turnover focuses specifically on how well the cooperative business uses its fixed assets to generate sales.

For

fixed asset turnover ratios (sales over fixed assets), subsidiary firms had higher ratios than did parent firms, indicating that the fixed assets of subsidiary companies were more productive than those of parent firms.

Fixed asset turnover = total operating revenue/total assets-current assets 3.

Finally, Table X shows

fixed asset turnover ratios.

9 (days)

Fixed Asset Turnover Total Asset Turnover Times Interest Earned (TIE) 1.

Other commodity groups which do less processing--such as poultry/livestock cooperatives--have higher

fixed asset turnover ratios.