P/S - This is my feel.Hi,
Just completed my lecture on financial ratios & interpretations recently. Two stories related to the topic were sent to me. I wish to share them with you.
The first story from Paul. He said,
"Hi Edgar, I thought this was particularly relevant to what you have mentioned in your last class with regards to inventory ratios. Interesting to relate this to everyday news, especially in Singapore context. Paul"
Paul cited Daniel Buenas's report that most S'pore companies are tardy paymasters and are worse paymasters than companies in China, Australia, Hong Kong and Taiwan. 52 per cent consistently late with their payments from a study done on 1,000 firms from 6 countries by Dun and Bradstreet (D&B).
Only 33 per cent of companies here were 'prompt' in their payments, which is defined as 'consistently paying within the credit terms given to a business'.
The second story in today's Busines Times said Singapore firms are among the Asia-Pacific region's top companies by return on equity (ROE). This is according to a Dun & Bradstreet's (D&B) study released yesterday.
Of the 1,000 companies ranked in the study, Singapore firms ie. Starhub Mobile and APL, Neptune Orient Lines's subsidiary, took second and fourth places respectively.
StarHub Mobile recorded an ROE of 1,019.3 per cent. The fourth placed Neptune Orient Lines subsidiary APL achieved a 935.2 per cent ROE.
Wow! Amazing....
Just completed my lecture on financial ratios & interpretations recently. Two stories related to the topic were sent to me. I wish to share them with you.
The first story from Paul. He said,
"Hi Edgar, I thought this was particularly relevant to what you have mentioned in your last class with regards to inventory ratios. Interesting to relate this to everyday news, especially in Singapore context. Paul"
Paul cited Daniel Buenas's report that most S'pore companies are tardy paymasters and are worse paymasters than companies in China, Australia, Hong Kong and Taiwan. 52 per cent consistently late with their payments from a study done on 1,000 firms from 6 countries by Dun and Bradstreet (D&B).
Only 33 per cent of companies here were 'prompt' in their payments, which is defined as 'consistently paying within the credit terms given to a business'.
The second story in today's Busines Times said Singapore firms are among the Asia-Pacific region's top companies by return on equity (ROE). This is according to a Dun & Bradstreet's (D&B) study released yesterday.
Of the 1,000 companies ranked in the study, Singapore firms ie. Starhub Mobile and APL, Neptune Orient Lines's subsidiary, took second and fourth places respectively.
StarHub Mobile recorded an ROE of 1,019.3 per cent. The fourth placed Neptune Orient Lines subsidiary APL achieved a 935.2 per cent ROE.
Wow! Amazing....
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