For Immediate Release
Chicago, IL – April 24, 2024 – Stocks in this week’s article are MakeMyTrip Ltd. MMYT, Allison Transmission Holdings ALSN, Hess HES and BancFirst BANF.
4 Stocks Backed by High Efficiency to Increase Portfolio Returns
Efficiency level measures a company’s capability to transform available input into output and is often considered an important parameter for gauging its potential to make profits. A company with a favorable efficiency level is expected to provide stellar returns as it is believed to be positively correlated with price performance.
However, at times, it becomes difficult to measure the efficiency level of a company. This is why one must consider popular efficiency ratios while selecting stocks. These efficiency ratios are:
These efficiency ratios are:
Receivables Turnover: This is the ratio of 12-month sales to four-quarter average receivables. It shows a company’s potential to extend its credit and collect debt in terms of that credit. A high…