Glossary and Formulas - PeerValue（术语表和公式PeerValue）.pdf

Glossary and Formulas A-B Accounts Payable Includes, but is not limited to, Trade Accounts Payable and Trade Acceptances, that is, amounts owed to vendors for goods and services purchased from outside suppliers and due within the normal operating cycle of a company. Accounts Payable/Inventory This measure shows the proportion of total Inventories that are effectively being financed by a companys vendors through an open Accounts Payable balance. Accounts Payable Accounts Payable/Inventory = ratio Inventory Accounts Receivable The balance due from a customer for goods or services sold on open account. Includes, but is not limited to, Net Trade Accounts Receivable and Net Accounts and Notes Receivable. Accrued Expenses Results from the use of accrual accounting procedures, wherein expenses are recognized when incurred rather than when paid, as in a cash accounting system. Includes, but is not limited to, Taxes (other than Income Taxes), Interest, Rent, Pension and Other Employee Benefits, Payrolls, Wages and Salaries, and Accrued Liabilities. Annual Growth Rate Plotted over a period of time, this measure defines the underlying business cycle of a given company or industry, revealing peaks, troughs, periods, and amplitudes for forecasting. Sum of Most Recent 4 Qtrs. Revs. Annual Growth = - 1 X 100 (%) Sum of Year-Ago 4 Qtrs. Revs. Asset Turns This asset management ratio measures the turnover of all the firms assets. Quarterly Revenue X 4 Total Asset Turns = Times/Year Total Assets Average Daily Volume In the event of stock splits, Average Shares, trading prices, and trading volumes are adjusted in proportion to