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18
16.90
16
14.76
14 13.79
12
10 ACCOUNT RECEIVABLE
9.11 TURNOVER
8 8.03
INVENTORY
6 TURNOVER
4 3.96
3.46 3.25
2 2.47 2.36
0
2012 2013 2014 2015 2016
HPG
4.5
4.0
3.5
3.3
3.0
2.8
2.5 2.6 FIXED ASSETS
2.4 TURNOVER
2.0 2.1
TANGIBLE FIXED
1.5 ASSETS TURNOVER
1.0
0.5
0.0
2012 2013 2014 2015 2016
The asset turnover and tangible fixed asset turnover implicate how much
the firm earns on every VND investing on investment asset. The higher the
ratio, the better the firm is. Fixed asset has increased gradually from 2012
2016, in 2015, it reached 3.34, which is the highest ratio. As the tangible
fixed asset turnover increased from 2013 to 2015, and then it fell to 2.67 in
2016. It is not effective to invest in fixed asset. Overall, this ratio is quite
high and it indicated that a company has more effectively utilized investment
in fixed assets to generate revenue.
20.0 19.8
15.0 15.5
Account Receivable
13.3 Tunover
0.0
2012 2013 2014 2015 2016
6.0
5.3 5.1
5.0
4.6 4.7 4.6
4.4 4.5
4.1 4.2
4.0 3.9
FIXED ASSET
3.0 TURNOVER
TANGIBLE FIXED ASSET
2.0 TURNOVER
1.0
0.0
2012 2013 2014 2015 2016
HSG