payback period

简明释义

资金偿还期，资金回收期

英英释义

例句

1.To assess the viability of the project, we need to analyze its payback period.

为了评估项目的可行性，我们需要分析其回收期。

2.The payback period for solar panel installation can vary depending on energy costs.

太阳能电池板安装的回收期可能会因能源成本而异。

3.Investors often look for projects with a short payback period to minimize risk.

投资者通常寻找回收期短的项目以降低风险。

4.The company calculated the payback period to determine how long it would take to recover its initial investment.

公司计算了回收期以确定收回初始投资需要多长时间。

5.A payback period of less than three years is considered ideal in many industries.

在许多行业中，少于三年的回收期被认为是理想的。

作文

The concept of the payback period is essential in the field of finance and investment. It refers to the amount of time it takes for an investment to generate enough cash flow to recover its initial cost. Understanding the payback period can help investors make informed decisions about where to allocate their resources. For instance, if an investor is considering two different projects, they may look at the payback period to determine which project will allow them to recoup their investment more quickly. Generally, a shorter payback period is preferable because it indicates a quicker return on investment and reduces the risk associated with the investment.In practice, calculating the payback period involves summing up the expected cash inflows from the investment until they equal the initial outlay. For example, if a company invests $100,000 in a new piece of machinery that is expected to generate $25,000 per year in cash flow, the payback period would be four years. This means that after four years, the company will have recovered its initial investment.However, it is important to note that while the payback period is a useful metric, it does not take into account the time value of money. The time value of money suggests that a dollar today is worth more than a dollar in the future due to its potential earning capacity. Therefore, relying solely on the payback period could lead to misleading conclusions. Investors should also consider other financial metrics, such as net present value (NPV) and internal rate of return (IRR), alongside the payback period to gain a more comprehensive understanding of an investment's potential.Additionally, the payback period does not account for the profitability of the project after the payback has been achieved. An investment with a longer payback period might still be a good choice if it generates significant profits afterward. Conversely, a project with a short payback period may not be worthwhile if it does not provide substantial returns in the long run.In conclusion, the payback period is a valuable tool for assessing the risk and viability of investments. It provides a straightforward way to evaluate how long it will take to recover initial costs, which is crucial for effective financial planning. However, investors should use the payback period in conjunction with other financial metrics to ensure a well-rounded analysis. By doing so, they can make more informed decisions that align with their financial goals and risk tolerance. Ultimately, a thorough understanding of the payback period and its implications can lead to better investment outcomes and financial success.

“回收期”这一概念在金融和投资领域中至关重要。它指的是一项投资生成足够现金流以收回其初始成本所需的时间。理解“回收期”可以帮助投资者做出明智的资源配置决策。例如，如果投资者正在考虑两个不同的项目，他们可能会查看“回收期”以确定哪个项目能更快地收回投资。通常，较短的“回收期”是更可取的，因为它表明投资回报更快，并降低了与投资相关的风险。在实践中，计算“回收期”涉及将投资的预期现金流入相加，直到它们等于初始支出。例如，如果一家公司投资10万美元购买一台新机器，预计每年产生2.5万美元的现金流，则“回收期”为四年。这意味着在四年后，公司将收回其初始投资。然而，需要注意的是，虽然“回收期”是一个有用的指标，但它并没有考虑货币的时间价值。货币的时间价值表明，今天的一美元比未来的一美元更有价值，因为它有潜在的赚取能力。因此，仅仅依赖“回收期”可能会导致误导性的结论。投资者还应考虑其他财务指标，如净现值（NPV）和内部收益率（IRR），以及“回收期”，以获得对投资潜力的更全面理解。此外，“回收期”并未考虑在回收期后项目的盈利能力。如果一项投资的“回收期”较长，但之后产生了可观的利润，那么它仍然可能是一个不错的选择。相反，如果一个项目的“回收期”较短，但长期内没有提供可观的回报，那么它可能不值得。总之，“回收期”是评估投资风险和可行性的有价值工具。它提供了一种简单的方法来评估收回初始成本所需的时间，这对有效的财务规划至关重要。然而，投资者应将“回收期”与其他财务指标结合使用，以确保全面分析。通过这样做，他们可以做出更明智的决策，使其与财务目标和风险承受能力相一致。最终，对“回收期”及其含义的透彻理解可以带来更好的投资结果和财务成功。