working capital turnover rate

简明释义

运转资本周转率

英英释义

例句

1.A company with a high working capital turnover rate is effectively utilizing its resources to generate sales.

一家公司拥有高的营运资本周转率，有效利用其资源来产生销售。

2.The working capital turnover rate helps businesses understand how quickly they can convert their assets into cash.

在业务中，营运资本周转率有助于理解企业将资产转化为现金的速度。

3.Investors often look at the working capital turnover rate to assess a company's operational efficiency.

投资者通常会关注营运资本周转率来评估公司的运营效率。

4.An increase in the working capital turnover rate can indicate improved inventory management.

增加的营运资本周转率可能表明库存管理得到了改善。

5.A low working capital turnover rate might suggest that a company has too much capital tied up in inventory.

低的营运资本周转率可能表明公司在库存上投入了过多的资本。

作文

Understanding the concept of working capital turnover rate is essential for businesses aiming to optimize their operational efficiency. The working capital turnover rate is a financial metric that measures how effectively a company uses its working capital to generate sales. Working capital, which is calculated as current assets minus current liabilities, represents the funds available for day-to-day operations. A higher working capital turnover rate indicates that a company is using its working capital efficiently to produce revenue, while a lower rate may signal inefficiencies or potential liquidity issues.To calculate the working capital turnover rate, one can use the formula: Sales divided by Average Working Capital. This calculation provides insight into how well a company is converting its working capital into revenue. For example, if a company has annual sales of $1,000,000 and an average working capital of $200,000, the working capital turnover rate would be 5. This means that for every dollar of working capital, the company generates five dollars in sales.Analyzing the working capital turnover rate helps investors and management assess the company's operational efficiency. A high turnover rate might indicate that the company is managing its inventory well and collecting receivables promptly. Conversely, a low turnover rate could suggest that the company is struggling to convert its investments in working capital into sales, which might require further investigation.Furthermore, the working capital turnover rate can vary significantly across different industries. For instance, retail companies typically have a higher turnover rate due to their fast inventory turnover, whereas manufacturing firms may exhibit a lower turnover rate because they hold more inventory and may have longer production cycles. Therefore, when evaluating this metric, it is crucial to compare it against industry benchmarks to gain a clearer understanding of a company's performance.In addition to comparing the working capital turnover rate with industry standards, monitoring changes over time can provide valuable insights into a company's operational trends. If a company’s working capital turnover rate is increasing, it may indicate improving efficiency, better inventory management, or enhanced sales performance. On the other hand, a declining rate could signal potential problems such as excess inventory, slow-moving products, or challenges in collecting receivables.Moreover, the working capital turnover rate is not just a standalone metric; it should be analyzed in conjunction with other financial ratios and indicators. For example, assessing the current ratio and quick ratio alongside the working capital turnover rate can provide a comprehensive view of a company's liquidity and operational effectiveness. By integrating these analyses, stakeholders can make informed decisions regarding resource allocation, investment strategies, and operational improvements.In conclusion, the working capital turnover rate is a vital indicator of a company's efficiency in utilizing its working capital to drive sales. By understanding and analyzing this metric, businesses can identify areas for improvement, benchmark their performance against industry peers, and ultimately enhance their operational effectiveness. For investors and management alike, keeping a close eye on the working capital turnover rate can lead to better strategic decisions and improved financial outcomes.

理解营运资本周转率的概念对于希望优化运营效率的企业至关重要。营运资本周转率是一个财务指标，用于衡量公司使用其营运资本产生销售的有效性。营运资本是通过当前资产减去当前负债计算得出的，代表了可用于日常运营的资金。较高的营运资本周转率表明公司有效地利用其营运资本产生收入，而较低的比率可能意味着效率低下或潜在的流动性问题。要计算营运资本周转率，可以使用公式：销售额除以平均营运资本。这个计算提供了关于公司如何将营运资本转化为收入的见解。例如，如果一家公司年销售额为1,000,000美元，平均营运资本为200,000美元，那么营运资本周转率将为5。这意味着每投入1美元的营运资本，公司就能产生5美元的销售。分析营运资本周转率有助于投资者和管理层评估公司的运营效率。高周转率可能表明公司良好地管理库存并及时收回应收账款。相反，低周转率可能表明公司在将营运资本投资转化为销售方面存在困难，这可能需要进一步调查。此外，营运资本周转率在不同的行业之间可能会有显著差异。例如，零售公司由于快速的库存周转，通常具有更高的周转率，而制造企业可能由于持有更多库存和较长的生产周期而表现出较低的周转率。因此，在评估这一指标时，比较行业基准至关重要，以便更清楚地了解公司的表现。除了与行业标准进行比较外，监测营运资本周转率随时间的变化可以提供关于公司运营趋势的宝贵见解。如果公司的营运资本周转率在上升，可能表明效率提高、库存管理改善或销售表现增强。另一方面，下降的比率可能表明潜在问题，例如库存过剩、滞销产品或收账困难。此外，营运资本周转率不仅仅是一个独立的指标；它应该与其他财务比率和指标一起分析。例如，评估当前比率和速动比率与营运资本周转率相结合，可以提供公司流动性和运营有效性的全面视图。通过整合这些分析，利益相关者可以在资源分配、投资策略和运营改进方面做出明智的决策。总之，营运资本周转率是衡量公司利用营运资本推动销售效率的重要指标。通过理解和分析这一指标，企业可以识别改进领域，与行业同行进行基准比较，并最终增强其运营效率。对于投资者和管理层而言，密切关注营运资本周转率可以促使更好的战略决策和改善财务结果。