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What is Financial Performance Evaluation of Ajiya Berhad about?
Ajiya Berhad has shown improving liquidity and efficiency ratios from 2016 to 2018: - Current and quick ratios increased, showing stronger ability to cover short-term debts. - Inventory turnover decreased slightly but remained over 3.5x each year, showing inventory sells quickly. - Average collection period decreased from 110 to 102 days, showing improved collection efficiency. - Total and fixed asset turnover ratios were under 1 but increased in 2018, suggesting better utilization of assets over time. Ove
- Author
- Nur Amylia
- Language
- EN