• Title/Summary/Keyword: Turnover Ratio

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Factors Affecting the Performance of Local Public Hospitals (지방의료원의 경영성과에 미치는 영향)

  • Yang, Jong-Hyun;Lee, Jung-Woo
    • The Korean Journal of Health Service Management
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    • v.11 no.3
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    • pp.1-11
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    • 2017
  • Objectives : The purpose of this study was to analyze factors affecting the performance of public hospitals in South Korea. Methods : We collected management performance data from 2013 to 2015 from income statements, balance sheets, and annual reports from 32 local public hospitals. The dependent variable used was profitability, which included operating margin, return on assets and net profit to gross revenues. The independent variables were general characteristics, liquidity, stability, and activity. Results : Patient revenues, total assets, and total capital had increased steadily but patient expenses had increased to a greater extent. Operating profit, and net profit were consistently in deficits and the management status of local public hospitals had recently been in difficulty. The debt ratio, quick ratio, ratio of fixed liability and fixed assets turnover rate have a significant positive(+) effect on performance in the years 2013-2015. Conclusions : We suggest management strategies for these hospitals based on the results analyzed.

Prediction of Auditor Selection Using a Combination of PSO Algorithm and CART in Iran

  • Salehi, Mahdi;Kamalahmadi, Sharifeh;Bahrami, Mostafa
    • Journal of Distribution Science
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    • v.12 no.3
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    • pp.33-41
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    • 2014
  • Purpose - The purpose of this study was to predict the selection of independent auditors in the companies listed on the Tehran Stock Exchange (TSE) using a combination of PSO algorithm and CART. This study involves applied research. Design, approach and methodology - The population consisted of all the companies listed on TSE during the period 2005-2010, and the sample included 576 data specimens from 95 companies during six consecutive years. The independent variables in the study were the financial ratios of the sample companies, which were analyzed using two data mining techniques, namely, PSO algorithm and CART. Results - The results of this study showed that among the analyzed variables, total assets, current assets, audit fee, working capital, current ratio, debt ratio, solvency ratio, turnover, and capital were predictors of independent auditor selection. Conclusion - The current study is practically the first to focus on this topic in the specific context of Iran. In this regard, the study may be valuable for application in developing countries.

Analysis of Financial Structure and Managerial Performance of Profit/Loss-Making Hospitals under the IMF (IMF 초기 2년간 흑자/적자병원의 재무구조와 경영성과분석)

  • Lee, Chang-Eun;Jung, Key-Sun;Hwang, In-Kyung
    • Korea Journal of Hospital Management
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    • v.6 no.2
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    • pp.156-172
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    • 2001
  • Financial ratio indicators of the 73 sample hospitals provided by the Korea Hospital Association in 1998-1999, together with the data by the Korea Health Industry Development Institute in 1007, were analysed to identify the financial structure and managerial performance of the profit/loss-making hospitals under the IMF. The major findings of this study were as belows. 1. Among the general characteristics, there was a statistical significance in the hospital location and the number of operating beds between profit-making hospitals and loss-making hospitals. 2. Financial ratio indicators of the profit-making hospitals were better than those of the loss-making hospitals. 3. Financial ratio indicators, including Liquidity, Performance Indicators and Growth Rate Indicators of profit-making hospitals, were better than those of loss-making hospitals except for Turnover Ratios under the IMF economic impasse.

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Identifying Factors Affecting Dental University Hospitals' Profitability (치과대학병원 수익성에 영향을 미치는 요인 분석)

  • Lee, Ji-Hoon;Kim, Seong-Sik
    • Korea Journal of Hospital Management
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    • v.26 no.2
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    • pp.17-26
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    • 2021
  • Purposes: This study aims to identify factors affecting dental university hospitals' profitability and understand recent their business condition. Methodology: Data from 2016 to 2019 was collected from financial statement, public open data in 8 dental university hospitals. For the study, multiple regression test with stepwise selection was applied. Findings: First of all, 9 out of 19 independent variables were selected by stepwise selection. As a result of multiple regression test with selected independent variables and the dependent variable(operating profit margin ratio), the factors affecting hospitals' profitability were the number of dental unit chair, hospital location, debt ratio, total capital turnover ratio, employment cost rate, material cost rate, management expense rate, the number of patient per a dentist. Practical Implication: To improve dental university hospitals' profitability, hospitals specifically analysis and manage their cost such as employment, material and management cost and seek effectiveness by managing the proper number of patient per a dentist.

An Empirical Study on the Determinants of the Debt Repayment Capability of Shipping Firms in Recession

  • Lee, Dong-Hae;Lee, Ki-Hwan;Kim, Myoung-Hee
    • Journal of Navigation and Port Research
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    • v.44 no.5
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    • pp.414-422
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    • 2020
  • In this study, an empirical analysis of 55 ship finance cases executed by a specific ship finance bank from 2009 to 2016 during the recession period was conducted. The purpose of this study was to find the factors affecting changes in the debt performance of Korean shipping companies. The main factors were the loan nature (investment purpose, loan-to-value (LTV), syndicated loans, loan terms, put-option, balloon, and spread), financial nature (total assets turnover, net profit-to-sales ratio, debt ratio, quick ratio, total borrowing, bonds payable to total assets, interest expenses-to-sales ratio, debt service coverage ratio (DSCR), and total assets), and the company nature (company age, chief executive officer's (CEO's) shares, and listing status). In this study, the factors affecting the debt repayment capability of domestic shipping companies (loan nature, financial nature, and company nature) were verified. The credit rating was used to measure the dependent variable, debt repayment ability. The variables of investment purpose, put-option, balloon, and spread in the loan nature, debt ratio in the financial nature, and the CEO's shares and company age in the company nature were found to be significant.

Effects of Mulberry-Leaf Powder Tofu on Carpus Mineral Density, Biochemical Markers of Bone Turnover and Lipid Profiles in Female University Students from Choongnam Consuming Low Calcium Diet (뽕잎 분말 첨가 두부가 충남 일부지역 저칼슘 섭취 여대생의 손목 골밀도, 생화학적 골대사지표 및 지질성상에 미친 영향)

  • Kim, Ae-Jung;Kim, Myung-Hwan;Han, Myung-Ryun;Choi, Mi-Kyeong;Kim, Mi-Hyun;Kang, Nam-Mi
    • The Korean Journal of Food And Nutrition
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    • v.21 no.1
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    • pp.71-78
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    • 2008
  • This study examined the effects of mulberry-leaf powder Tofu(MPT) on the anthropometric measurements, bone mineral density(BMD), biochemical markers of bone turnover, serum lipid levels of and macrominerals status in 30 female university students living in Choongnam with low dietary Ca intake was low(mean daily $intake=524.66{\pm}21.47$ mg/day). The subjects received the MPT supplemented(100 g/day) for 4 weeks. The nutrient content per 100 g MPT was 84.10 kcal(energy), 8.98 g(protein), 0.53 mg(fiber), 211.33 mg(Ca) and 1.59 g(fat). Anthropometric measurements, 24-hour dietary recall, carpus BMD using DEXA, select BMD biomarckers(serum alkaline phophatase activity, osteocalcin, urinary deoxypyridinoline), serum protein levels, albumin, and glucose levels, lipid profiles(cholesterol, triglyceride, HDL-cholesterol, LDL-cholesterol) and serum macrominerals(Ca, Ca/P ratio, Mg) were analyzed before and after MPT supplementation. Following MPT supplementation, there was no significant differences in anthropometric measurements, nutrient intakes, carpus BMD, serum alkaline phosphatase activity, osteocalcin, and urinary deoxypyridinoline, serum levels of protein, albumin, and glucose or lipid profiles with AI, HTR, LHR and CRF. However, there were significant increases in dietary calcium as well as decreases in serum triglycerides with MPT supplementation. Although further research is needed, these results that regular intake MPT could prevent bone and cardiovascular diseases.

Effects of Mulberry-Leaf Powder Tofu Consumption on Carpal Bone Mineral Density, Biochemical Bone Turnover Markers and Serum Lipid Profiles in Smoking Male Adults Living in Choongnam (뽕잎 분말 첨가 두부 섭취가 충남 일부 지역에 거주하는 흡연 남자 성인의 손목 골밀도, 생화학 골대사 지표 및 혈청 지질 성상에 미친 영향)

  • Kim, Ae-Jung;Kim, Myung-Hwan;Chung, Kun-Sub
    • Journal of the East Asian Society of Dietary Life
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    • v.17 no.1
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    • pp.1-10
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    • 2007
  • The effects of mulberry-leaf powder Tofu(MPT) on anthropometric measurements, including bone mineral density(BMD) in the right carpus, biochemical bone turnover markers, serum levels of lipids and macrominerals, were investigated in 30 smoking male adults who lived in Choongnam were given MPT(100 g/day) for 4 weeks. The average ages, number of smoked cigarettes and packyear were 22.38 years, 15.12/day and 3.54 years, respectively. The nutrient contents per 100 g MPT were 86.10 kcal energy, 8.98 g protein, 0.53 mg fiber, 211.33 mg Ca and 1.59 g fat. Anthropometric measurements, including dietary intake using the 24-hours recall method, carpal BMD using DEXA, serum levels of protein, albumin and glucose, lipid profiles (cholesterol, triglyceride, HDL-cholesterol, LDL-cholesterol) with Al(atherosclerosis index), HTR, CRF, LHBt, some biomarkers of BMD(serum alkaline phosphatase activity, osteocalcin, urinary DPD), and serum macrominerals(Ca, Ca/P ratio, Mg) and Pb were analyzed before and after consumption of MPT. After MPT consumption, dietary intakes of plant protein, total Ca and plant Ca increased significantly, but there were no significant differences in anthropometric measurements, BMD with bone metabolism markers, serum levels of protein, albumin or glucose, lipid profiles with AI, HTR, LHR and CRF.

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Comparison of plant species diversity and its relationship with physical environmental factors in Gotjawal Forest, Jeju Island, Republic of Korea, using the modified Whittaker plot method

  • Ju-Seon Lee;Young-Han You;Ji-Won Park;Yeo-Bin Park;Yoon-Seo Kim;Jung-Min Lee;Hae-In Yu;Bo-Yeon Jeon;Kyeong-Mi Cho;Eui-Joo Kim
    • Journal of Ecology and Environment
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    • v.48 no.3
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    • pp.247-255
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    • 2024
  • Background: To effectively understand and evaluate plant diversity in a specific area and make meaningful comparisons between regions, standardized methods that measure diversity irrespective of survey plot size are crucial. This study proposes a model equation for comparing plant species diversity using the modified Whittaker plots. Plant species diversity was measured in two Gotjawal areas on Jeju Island, where the coexistence of northern and southern limit species significantly impacts diversity. By analyzing the relationship between plant species diversity and environmental factors, the study clarified the characteristics of plant and habitat diversity in the Gotjawal ecosystem. Results: The species richness of vascular plants, herbaceous plants, and woody plants increased with area and was higher in Jeoji Gotjawal than in Seonheul Gotjawal. Similarly, the species turnover rate (slope value) was higher in Jeoji Gotjawal (4.37) than in Seonheul Gotjawal (3.85). This indicates that the species richness in Jeoji Gotjawal increases more with the expansion of the survey area (1-1,000 m2), reflecting a faster species turnover rate. Additionally, in Gotjawal areas, species richness increased with greater leaf litter depth, elevation, slope, and rock ratio. These results indicate that differences in plant species diversity were attributed to soil environmental factors. Conclusions: The plant species diversity of Gotjawal, surveyed using standardized methods, was lower than that of forested areas in the central region of South Korea where the same method was applied. Most previous studies on species diversity likely compared diversity without considering a consistent survey area. Therefore, when comparing plant species diversity domestically and globally, it emphasizes the need for the use of standardized survey methods.

Efficient Management of Rental Logistics Industry (랜탈 물류산업의 효율적 운영방안)

  • 김준효;양광모;강경식
    • Proceedings of the Safety Management and Science Conference
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    • 2002.11a
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    • pp.227-232
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    • 2002
  • Enormous flocks by the reduced life cycle of products caused by the technological innovation if later 20 century, development of new materials and diversified demands of customers appeared as the pressing element causing the trouble in management of companies, and when considering the logistic costs that are imposed to companies in terms of function, the costs related to the stock topped the list of costs, followed by the transportation ones, and for pallet pool system, inventory of stocks is very difficult by the number of companies. Reducing the logistic cost may be accomplished by numbers of logistic management methods, but the most fundamental and essential one is the accomplishment of the consistent pallet system that is the core of unit load system, and the purpose of consistent pallet system is the treatment of logistic functions such as transportation, storage and unloading with consistent pallet system, and increasing the turnover ratio is required for the improvement of the system. As the turnover ratios is increased, more pallets will be used so, numbers of empty pallets will be increased accordingly by returning the pallet. Therefore, in this study, we will establish the effective stock management system by comparing with the other existing stock management system after looking at the concept and examples of pallet full system in order to resolved this kind of problem.

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A Canonical Correlation Analysis of the Relationship between Menu Management Variables and Performance in Contract-Foodservice Operations (위탁 급식 점포의 메뉴 운영 요인과 성과의 연관성에 관한 연구)

  • Park, Ju-Yeon;Kim, Tae-Hee
    • Journal of the East Asian Society of Dietary Life
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    • v.18 no.6
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    • pp.1089-1098
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    • 2008
  • The principal objective of this study was to reveal the relationship between the menu management indicators and menu performance indicators in contract-foodservice operations. Menu indicators differed according to the type of business, type of contract, type of serving, and number of service lines. In accordance with the results of our correlation analysis, we noted significant correlations between menu performance indicators and menu management indicators. The first of these was the correlation between the food cost ration and meal counts, food loss, and the use of prepared vegetables. The second of these was the correlation between food cost per meal and forecasting error, food loss, and inventory turnover. The last of these correlations was the negative correlation between menu CSI(customer satisfaction index) and the use of prepared vegetables. According to the results of our canonical correlation analysis, 2 significant functions were identified. In the first function, we noted significant correlations between meal counts, use of prepared vegetables, food loss, and food cost ratio. Additionally, we noted significant correlations between forecasting error, inventory turnover, food loss, and food cost per meal in the second function. Menu management indicators had no influence on customer satisfaction.

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