ACCA F3考试英文公式汇总
一 Profitability and return
1,Gross profit margin=profit margin/sales×100%
2,Operating profit margin=PBIT（profit before interest and tax）/sales×100%
3,Asset turnover=sales revenue/average total assets
4,Capital employed=shareholder’s equity+long-term debts=total assets-current liability
5,ROCE=operating profit margin×asset turnover
=PBIT/capital employed×100%
二 Liquidity
1，Current ratio=current asset/current liability
2,Quick ratio=（current asset-inventory）/current liability
三 Working capital analysis
1,Receivable days=trade receivable/credit sales×365
2,Inventory turnover period=inventory/cost of sales×365
3,Payable payment days=trade payable/purchase（or cost of sales）×365
四 Long-term solvency
1,Debt ratio=total debts/total assets×365
2,Gearing ratio=total long term debt/（shareholder’ equity+long-term debt）×365
Or Total long term debt/（total asset-current liability）×100%
3,Interest cover=PBIT/interest charges
一 Profitability and return
1,Gross profit margin=profit margin/sales×100%
2,Operating profit margin=PBIT（profit before interest and tax）/sales×100%
3,Asset turnover=sales revenue/average total assets
4,Capital employed=shareholder’s equity+long-term debts=total assets-current liability
5,ROCE=operating profit margin×asset turnover
=PBIT/capital employed×100%
二 Liquidity
1，Current ratio=current asset/current liability
2,Quick ratio=（current asset-inventory）/current liability
三 Working capital analysis
1,Receivable days=trade receivable/credit sales×365
2,Inventory turnover period=inventory/cost of sales×365
3,Payable payment days=trade payable/purchase（or cost of sales）×365
四 Long-term solvency
1,Debt ratio=total debts/total assets×365
2,Gearing ratio=total long term debt/（shareholder’ equity+long-term debt）×365
Or Total long term debt/（total asset-current liability）×100%
3,Interest cover=PBIT/interest charges
