Activity Analysis Of Enterprise Financial Analysis

< p > activity analysis mainly measures the utilization efficiency of average total assets, as well as the efficiency of cash, accounts receivable, inventory, current assets, working capital and fixed assets.

The analysis indexes are: < /p >

< p > strong > 1, < a href= "//www.sjfzxm.com/news/index_c.asp" > total assets turnover < /a > /strong > /p >

< p > the measurement of the total assets utilization efficiency is based on sales income.

The measure is divided by the net sales income of the enterprise in the whole year divided by 1/2 of the total assets and the total assets at the beginning and end of the year.

The formula is as follows: < /p >

< p > total assets turnover = sales income average total assets < /p >

< p > strong > 2, < a href= "//www.sjfzxm.com/news/index_c.asp" > accounts receivable < /a > turnover rate < /strong > /p >

< p > in principle, the rate of accounts receivable obtained by dividing the net credit sale by the average balance of accounts receivable at the beginning and the end of the period is used to measure the number of accounts receivable recovered in one year.

Higher turnover times indicate better operating efficiency.

Since it is difficult for analysts to divide sales revenue into two categories, credit sales and cash sales, common sales revenue is divided by average accounts receivable to calculate accounts receivable turnover.

This ratio is too small, indicating that the receivables are too long to receive, and accounts receivable management is inefficient.

The formula is as follows: < /p >

< p > accounts receivable < a href= "//www.sjfzxm.com/news/index_c.asp" > turnover rate < /a > credit net net average receivable < /p >

< p > or < /p >.

< p > accounts receivable turnover = sales receivables, average accounts receivable < /p >

< p > the average receivables period is also used to test receivables receivables.

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< p > average receivables period =365%, accounts receivable turnover rate < /p >

< p > the average receivables period can be seen in the quality of accounts receivable compared with the longest period during the company's credit period.

The shorter the average account receivable, the greater the liquidity (liquidity) of accounts receivable.

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< p > related links: < /p >

< p > growth force mainly investigates the growth of various indicators of enterprises, and examines the development prospects of enterprises.

The test indexes include the growth rate of shareholders' equity, the growth rate of net value per share, the growth rate of fixed assets, the growth rate of sales revenue, the growth rate of after tax profit, etc.

The formula for these indexes is: < /p >

< p > the growth rate of shareholders' equity = (current shareholders' equity - the interests of the shareholders of the base period) shareholders' equity < /p >.

< p > net growth rate per share = (net current value per share - net base value per share) net value per share at the base period < /p >.

< p > profit growth rate after tax = (after tax profit after tax base period), after tax profit less than /p.

< p > growth indicators are compared with the current data in the current period (such as the previous period).

Therefore, investors can choose different projects or indicators according to the research objectives to analyze growth force.

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