Saturday, May 6, 2017

38 FINANCIAL RATIOS AND PERFORMANCE INDICATORS

The true test of an integrated and comprehensive cloud ERP software, such as iKonomikal Cloud ERP, is its ability to generate the 38 Financial Ratios and Performance Indicators any time and anywhere in seconds. These ratios and indicators are vital in the decision making of the management for the day to day monitoring of all business operations.



Reports and dashboards can be customized as per user requirement through ICE Business Intelligence and sent to users' email inbox on a schedule.

You may click the underlined subjects for the importance, explanation or formula.

iKonomikal's financial ratios and performance indicators are listed below. The ratios have comparison of current year and last year. While the indicators are mostly statuses and transaction counts.

1. Operating Cycle
1.1 Number Of Days Of Inventory
1.2 Number Of Days Of Receivables
1.3 Number Of Days Of Payables
1.4 Operating Cycle
1.5 Net Operating Cycle or Cash Conversion Cycle

2. Liquidity
2.1 Current Ratio
2.2 Cash Ratio
2.3 Net Working Capital to Sales Ratio

3. Profitability
3.1 Gross Profit Margin
3.2 Operating Margin
3.3 Net Profit Margin

4. Activity
4.1 Inventory Turnover
4.2 Accounts Receivable Turnover
4.3 Total Asset Turnover
4.4 Fixed Asset Turnover

5. Financial Leverage
5.1 Total Debt To Assets Ratio
5.2 Long-Term Debt To Assets Ratio
5.3 Total Debt To Equity Ratio
5.4 Equity Multiplier
5.5 Time-interest-coverage ratio

6. Return Ratio
6.1 Basic Earning Power Ratio
6.2 Return On Equity
6.3 Return On Assets

7.  Performance Indicators
7.1 Cash on Hand And Cash in Bank*
7.2 Payments And Payables*
7.3 Collections And Receivables*
7.4 Training Expenses*
7.5 Income And Expense In Detail*
7.6 Income And Expense Summary*
7.7 Balance Sheet In Detail*
7.8 SO RFQC** (Request for Quotation from Customer)
7.9 SO Quotation **
7.10 SO Confirmation**
7.11 SO Invoice**
7.12 PO Requisition**
7.13 PO Confirmation**
7.14 PO Goods Receipts**
7.15 PO Invoice**

Comparison of  current year versus last year, and current year versus projection
  * = Balances and Totals
** = Document Count


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What is iKonomikal?

"iKonomikal is a Filipino intellectual property (proprietary), professional, comprehensive, integrated, 100% web based, mobile and self service ERP software."


iKonomikal is an Enterprise Resource Planning (ERP) Software which means that the way a transaction is built is through a combination of many Master Files in order to:
     1. optimize data entry and to support a specific reporting, and
     2. adapt to as many business types as possible

iKonomikal is accessible by any electronic device with internet. It is like accessing FB, Google, Twitter, Yahoo, MSN, Linkedin etc.  Please click  iKonomikal to test. 

iKonomikal will customize and develop business processes according to the needs FREE OF COST with FREE 24/7 Online Technical Support.

iKonomikal Cloud ERP













IKONOMIKAL caters to small, medium and large enterprises under the business structure of either proprietorship, partnership, corporation or even cooperative for various industries in multi-locations, multi-companies (holding companies), governments, multi-branches or offices in multiple currencies for multiple users

IKONOMIKAL at present is useful in activities and reporting of
  • Accounting & Budgeting
  • Financial & Bank Credit Facilities
  • Trading
  • Supply Chain
  • Logistic
  • Chain of Shops, Pharmacies, Restaurants, Hardware 
  • Customer Inquiry, Quotation, Sales Order and Delivery
  • Customer/Supplier Statement of Accounts in open or balance forward
  • Procurement from Requisition or Sales Order, Expediting to Receiving
  • Human Resource, Attendance, Wages, Benefits & Payroll Mgmt
  • Cargo Forwarding
  • Cargo Inbound and Outbound
  • Shipping (Truck Transport) and Containers Storing & Agency
  • Warehouse Stock and Storage Mgmt
  • Assembly Mgmt/Simple Manufacturing
  • BPO Services Contracting
  • Construction Project Mgmt
  • Fixed Asset Property Mgmt
  • Sales Commission Automatic Calculation
  • Analysis using Business Intelligence and Bench Marking
  • School Information System
  • Mailer, Courier and Billing System

IKONOMIKAL software is accessible in any internet browser using any electronic device  (desktop computers, laptops, notebooks, ultra-books, tablets, phablets or even smartphones). Browse https://ikonomikal.com



Documents and reports  of iKonomikal can be displayed or printed or downloaded in the following formats:
1. PDF
2. Word
3. Excel
4. Charts

A user can export  iKonomikal Template to Excel, fill with data and then import to iKonomikal. This feature is good for the setup of master files and uploading of transactions.

Some of the iKonomikal features are as follows:

vPosting to Future Years
vLess than a Minute Month & Year End Closings
vProcess Payroll at 1 second per employee with all the earnings, deductions, reports & accounting entries
vAutomatic Inter Company and Inter Branch accounting entries with instant FS Consolidation 
vAutomatic Closing Entries to Income Summary & Retained Earnings upon Posting of Nominal Accounts
v92% Automatic Accounting Entries with Approval System and Electronic File Attachment including Alerts
v38 Financial Ratios and Performance Indicators on display, Auto Prepares and Emails Reports on Schedule
vEmail Blast (Pay Slips, SOA...) to thousands of Employees, Students, Customers, Suppliers, Stockholders
vDownloadable filled Tax Forms in Excel to distribute or copy & paste to file online              (1601F, 1604CF, 2316, etc.)
vFree of Cost on Customization and Development


Please click also the following to know more about Ikonomikal

Suggested modifications, customizations and developments with general industry use is FREE OF COST.

3 comments:

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  2. Very informative and useful, you showed very useful info about Important List of financial ratios Formulas. Great and to the point work.

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