Free Calculators And Converters
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| A measure of the returns that a company
is making from its capital. Calculated as profit before interest, tax an
dividends, divided by the difference between total assets and current
liabilities. The ratio shows how efficiently capital is being used to
generate revenue.
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Related Topics
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ROCE Calculator |
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| Cash businesses, such as shops, should have a very low debt collection days figure, as they get their money at the time of sale. Non-cash business have to operate in a credit environment, so whilst the ideal figure would be 30 days it is more likely to be nearer 60 days. | |||||
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