The inventory turnover and fixed asset turnover ratios
are significantly higher in U.
We also find that while contractionary policy significantly affects these firms' inventory turnover, receivables turnover and asset turnover ratios
, its impact on high leverage and low leverage firms are in opposite directions.
Summing up, this asset structure allowed them to reach higher asset turnover ratios
, explaining the higher ROA, as the DuPont Model points out.
The result could be lower asset turnover ratios
, lower return on capital, and an increase in debt-toequity ratios, which could impact borrowing capacity or compliance with loan covenants.
They hypothesize a connection between the Du Pont factors, net operating income to sales and asset turnover ratios
, and a firm's competitive strategy (cost leadership or differentiation).
H-6: The efficiency of a company as measured by inventory, debtors, and asset turnover ratios
positively influences its profitability.
Other commodity groups which do less processing--such as poultry/livestock cooperatives--have higher fixed asset turnover ratios
There is no evidence to suggest that restructuring improves asset turnover ratios
We also find that buyer firms experience a decline in the return on assets and asset turnover ratios
The two asset turnover ratios
under the two accounting methods are highly correlated with each other ([r.
One Conference participant noted that the net-assets-to-sales measures used in the paper are inverse asset turnover ratios
Parent and subsidiary firms not affiliated with any keiretsu groups, however, had similar asset turnover ratios