finance formulas

DSO (days sales outstanding)

(receivables/annual sales incl vat)x360

DPO (days payable outstanding)

(accounts payable/annual purchases incl vat)x360

DIO (days inventory outstanding)

(accounts inventories/annual purchases or sales incl vat)x360

Capital employed

fixed assets + receivables + inventories - accounts payable

Capital employed pt.2

total assets - current liabilities

ROCE (return on capital employed)

operating profit or ebit/capital employed

ROCE (return on capital employed) pt.2

(operating profit/sales)x(sales/capital employed)

ROCE (return on capital employed) pt.3

operational margin % x capital employed rotation #

Operational margin

operating profit/sales

Capital employed rotation

sales/capital employed

ROE (return on equity)

net income/shareholders equity

ROE (return on equity) pt.2

net profit margin x total asset turnover x equity multiplier

ROE (return on equity) pt.3

(net income/sales)x(sales/total assets)x(1/(1-(total debt/total assets)))

Current ratio

current assets/current liabilities

Quick ratio

(current assets - inventory)/current liabilities

Debt ratio

total liabilities/total assets

Debt-equity ratio

total liabilities/common shareholders equity

Times interest earned ratio

earnings before interest and tax/interest