营运能力的分析【外文翻译】.docx

外文翻译
原文
Operation ability analysis
Material Source: Chinafs s 05/17/2006 Author:Techever
Operation ability fully utilize existing resources to create social wealth ability, can be used to evaluate the enterprise to its own resources utilization and operating activities ability. Its essence is to as few as possible resources occupation short turnover time, produce as many products,create as many sales revenue, and to achieve this goal, we must improve enterprise's operation ability level. Operation ability is the assets of the enterprise turnaround to measure the efficiency of the utilization of assets enterprises. The index reflects assets turnover rate have inventory turnover, liquid assets turnover rate, total asset turne^ver. The faster turnaround speed, it shows that the enterprise of assets into business links, forming the faster the cycle of revenue and profit more short, business efficiency is mgher. Operation ability refers to the enterprise asset turnover operation ability, usually can use total asset turnover, fixed asset turnover, flow asset turnover, inventory turnover and accounts receivable turnover these five financial ratios to enterprises1 operating capacity for layered analysis.
Operation ability analysis can help investors understand enterprise business conditions and operating management level. With our su ning electric equipment (BBS) (market,for example, ) to introduce how to enterprise’s investors operating capability analysis. Total asset turnover is to show enterprise sales e and total assets of the ratio of average balance. Suning 2004 sales revenue for billion yuan, average total assets of 14 million yuan; 2005 sales e increased to billion yuan, the average total assets is increased by times, reached million yuan. Due to the growing rate of total assets than the sales e increase, total asset turnover down to 5 by lead.
The rate of decline in 2005 with suning opened the new mass are directly related. In order plete