The company`s Net operating profit margin(NOPM) which measures the efficiency of profitability recorded a slight drop from 12.42 to 12.19 percent in the last TTM, due to the slight decrease in gross profit margin and operating margin, although the company posted an increase in sales revenues and gross profit. Thus, for each riyal of sales at Jarir, the company realizes about 0.12 riyal after all operating expenses and tax.
On the other hand, Net operating assets turnover(NOAT) the second driver of RNOA, which measures the efficiency of productivity of the company`s net operating assets, effectively increased from 407.14 to 476.53 percent by the end of June 2017 , and this driver was the main reason behind the increase in RNOA. Thus, for each riyal of net operating assets, the company achieves about 4.77 riyal of sales.
Read or download full article》
On the other hand, Net operating assets turnover(NOAT) the second driver of RNOA, which measures the efficiency of productivity of the company`s net operating assets, effectively increased from 407.14 to 476.53 percent by the end of June 2017 , and this driver was the main reason behind the increase in RNOA. Thus, for each riyal of net operating assets, the company achieves about 4.77 riyal of sales.
Read or download full article》
Jarir: Analyzing Profitability and Productivity
Reviewed by Badraldin Alhaj
on
September 05, 2017
Rating:
Reviewed by Badraldin Alhaj
on
September 05, 2017
Rating:
No comments:
Note: Only a member of this blog may post a comment.