• Title/Summary/Keyword: gross-to-net ratio

Search Result 47, Processing Time 0.029 seconds

A Study on the Architectural Planning for Measurement of Gross-to-Net Ratio in General Hospital (종합병원의 G/N비 산정에 관한 건축계획적 연구)

  • Cho, Junyoung;Kim, Eunseok;Yang, Naewon
    • Journal of The Korea Institute of Healthcare Architecture
    • /
    • v.16 no.4
    • /
    • pp.33-40
    • /
    • 2010
  • Gross-to-net ratio is the important factor determining size of the building. However it was determined as the empirical method without the exact basis in the existing planning. This paper proposes more accurate methods for determining the gross-to-net ratio of architectural planning in general hospital. This paper analyzes the difference of gross-to-net ratio according to the various conditions and presents the elements of influencing on gross-to-net ratio. These elements is evaluated by applying in the typical hospital case. In conclusion, gross-to-net ratio is influenced by the accuracy of the space program, form type of the space and correspondence potential about the internal variation. In addition, This study has proved that empirical approach is a standard of minimum area.

An Analysis of the Relationship between Publicness and Profitability of National University Hospitals (국립대병원의 공공성과 수익성 관계 분석)

  • Yang, Jong Hyun
    • Korea Journal of Hospital Management
    • /
    • v.18 no.3
    • /
    • pp.43-61
    • /
    • 2013
  • The purpose of this study is to analyze the relations between publicness and profitability of national university hospitals in Korea. Finance and management data from 2008 to 2010 were collected from balancing accounts and annual reports in 13 national university hospitals. The dependant variables are used profitability indicators which are operating margin, net profit to gross revenues, normal profit to gross revenues. The independent variables are publicness indicators which are medical social work, ratio of medical aid in inpatients, ratio of medical aid in outpatients, publicness index. The results show that operating margin, net profit to gross revenues in profitability indicators are affected by medical social work in publicness indicators. Normal profit to gross revenues in profitability indicators is strong related to medical social work and hospital province in publicness indicators. Based on these results, this study suggests implications to balance the publicness and the profitability in national university hospitals.

  • PDF

Determinants of Foreign Direct Investment in GCC Countries: An Empirical Analysis

  • AL-MATARI, Ebrahim Mohammed;MGAMMAL, Mahfoudh Hussein;SENAN, Nabil Ahmed M.;ALHEBRI, Adeeb Abdulwahab
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.4
    • /
    • pp.69-81
    • /
    • 2021
  • The aim of this paper is to identify the key determinants in the Gulf Cooperation Council (GCC) countries for Foreign Direct Investment (FDI) inflows by using a balanced data panel for the period from 1995 to 2018. This study covers GCC countries in their entirety. The study uses ten explanatory variables, namely, trade ratio, gross domestic product, external balance, fuel exports, gross savings, international tourism, military expenditure, net foreign assets, services value added, and total natural resources. The authors have tried to find the best fit model from the differences methods considered such as OLS, GLS regression with the help of Hausman test, and country by country regressions as additional analysis. The study revealed a significantly positive association between inflation, trade ratio, gross domestic product, gross savings, and net foreign assets with FDI. On the contrary, international tourism was revealed to have a negative association with FDI. The sample of all GCC countries chosen for this study has not been considered widely by any earlier study. Moreover, this study covered many determinants of FDI that add to the previous literature. It is a significant contribution to the current research body and stresses the originality of this paper.

The Impact of the Environment Management on Steel Enterprise' managerial Performance (철강기업의 환경경영이 경영성과에 미치는 영향)

  • Lee, Dong-Won;Seok, Kee-Joon;Lee, Ki-Hwan
    • Journal of Environmental Policy
    • /
    • v.9 no.4
    • /
    • pp.29-52
    • /
    • 2010
  • This paper analyzes the firm's financial characteristics, influence over the adoption of the ISO 14001 adoption in our analyses. We used the T-test, a logistic regression analysis. We chose 112 Steel Enterprises from Korea Accreditation Board. The independent variables are current ratio, debt ratio, fixed assets to net worth and fixed liabilities, gross margin on sales, total assets turnover, net sales growth rate. This study tests three hypotheses on management performance of adoption of ISO 14001. The main findings are as follows. The first hypothesis is supported in terms of debt ratio, fixed assets to net worth and fixed liabilities, net sales growth rate at the 1%, 5%, 5% significance level. The second one is supported in terms of current ratio, debt ratio, fixed assets to net worth and fixed liabilities at the 10%, 1%, 1% significance level. The third one is supported in terms of gross margin on sales, total assets turnover at the 1%, 10% significance level. These findings have important implications

  • PDF

FODDER PRODUCTION AT SAVAR DAIRY FARM: AN ECONOMIC ANALYSIS

  • Rahman, S.M.A.;Begum, J.;Alam, J.
    • Asian-Australasian Journal of Animal Sciences
    • /
    • v.9 no.4
    • /
    • pp.411-420
    • /
    • 1996
  • Asia Triple HIn this study an attempt was made to determine the cost of producing fodders at Savar Dairy Farm (SDF). For this purpose, all seasonal fodders, such as Maize, Jowar, Cowpea and Oat and all perennial fodders, such as Para and Napier were studied. The highest acreage of land was allocated to high-land Para (33.8%) and the lowest acreage (2.7%) was devoted to Cowpea. Jowar attained the highest yield (74.2 tons) per hectare and Maize attained the lowest yield (25.8 tons/h). The highest cost per hectare was attributed to Jowar (TK. 20944.18) while the lowest cost was attributed to low-land para (TK. 10349.86). The cost of production of fodder per kilogram was the highest (TK. 0.66) for Maize and the lowest for Oat (TK. 0.24). The cost of production of low-land Para was much lower than that of high land Para. The per kilogram cost of silage production was the highest (TK. 0.71) for Maize and the lowest (TK. 0.31) was for Napier. The gross return analysis further showed that the highest net margin and B:C ratio were observed for Napier followed by Low-land Para, Jowar, Oat, Cowpea, High-land Para and Maize. Therefore, those fodders whose B:C ratios and yield/ha were higher should be allocated more area of land to stimulate increased returns to SDF in the future is suggested.

Catching efficiency of a shrimp beam trawl according to the length of beam and wing net and its influence on the hauling work (새우조망 어구의 막대 (빔)와 날개그물 길이에 따른 어획성능과 양망 작업에의 영향)

  • Park, Hae-Hoon
    • Journal of the Korean Society of Fisheries and Ocean Technology
    • /
    • v.50 no.3
    • /
    • pp.396-406
    • /
    • 2014
  • Shrimp beam trawl fishery is one of the important coastal fisheries in Korea. It has a regulation to the length of beam (8m) and wing net (7m) of shrimp beam trawl that has been used in the district of Junlanam-do and Gyungsangnam-do. This regulation was made in relation to the size of shrimp beam trawler of 3-ton class at that time. Now the shrimp beam fishing vessel has a limit not greater than 5 tons in gross ton. Recently, with improvement of fishing industry and fishing vessel fishermen asked the expansion of the length of beam and wing net, therefore it is necessary to investigate the effect of lengthening the beam and wing net length. Three different beams (8m, 10m and 12m in length) and three different wing net (7m, 10m and 13m in length) were made and the experiment was conducted near Narodo of Goheng by two fishing vessels of 4.98 and 4.88 tons in gross ton between June 2011 and October 2012. When the length of wing net was increased from 7m to 10m and 13m, the relative catch ratio in total biomass was increased 25% and 79% for shrimp, (17% and 22% in total), respectively. And when the beam length was increased from 8m to 10m and 12m, the relative catch ratio was increased 35% and 84% for shrimp, (21% and 37% in total), respectively. The force exerted to the iron guide of inhauler's with the beam length of 8m was about 30% greater than that with the beam length of 10m when hauling the shrimp beam trawl net.

The Effects of e-Business on Business Performance - In the home-shopping industry - (e-비즈니스가 경영성과에 미치는 영향 -홈쇼핑을 중심으로-)

  • Kim, Sae-Jung;Ahn, Seon-Sook
    • Management & Information Systems Review
    • /
    • v.22
    • /
    • pp.137-165
    • /
    • 2007
  • It seems high time to increase productivity by adopting e-business to overcome challenges posed by both external factors including the appreciation of Korean won, oil hikes and fierce global competition and domestic issues represented by disparities between large corporations and small and medium enterprises (SMEs), Seoul metropolitan and local cities, and export and domestic demand all of which weaken future growth engines in the Korean economy. The demands of the globalization era are for innovative changes in businessprocess and industrial structure aiming for creating new values. To this end, e-business is expected to play a core role in the sophistication of the Korean economy through new values and innovation. In order to examine business performance in e-business-adopting industries, this study analyzed the home shopping industry by closely looking into the financial ratios including the ratio of net profit to sales, the ratio of operation income to sales, the ratio of gross cost to sales cost, the ratio of gross cost to selling, general and administrative (SG&A) expense, and return of investment (ROI). This study, for best outcome, referred to corporate financial statements as a main resource to calculate financial ratios by utilizing Data Analysis, Retrieval and Transfer System (DART) of the Financial Supervisory Service, one of the Korea's financial supervisory authorities. First of all, the result of the trend analysis on the ratio of net profit to sales is as following. CJ Home Shopping has registered a remarkable increase in its ratio of net profit rate to sales since 2002 while its competitors find it hard to catch up with CJ's stunning performances. This is partly due to the efficient management compared to CJ's value of capital. Such significance, if the current trend continues, will make the front-runner assume the largest market share. On the other hand, GS Home Shopping, despite its best organized system and largest value of capital among others, lacks efficiency in management. Second of all, the result of the trend analysis on the ratio of operation income to sales is as following. Both CJ Home Shopping and GS Home Shopping have, until 2004, recorded similar growth trend. However, while CJ Home Shopping's operating income continued to increase in 2005, GS Home Shopping observed its operating income declining which resulted in the increasing income gap with CJ Home Shopping. While CJ Home Shopping with the largest market share in home shopping industryis engaged in aggressive marketing, GS Home Shopping due to its stability-driven management strategies falls behind CJ again in the ratio of operation income to sales in spite of its favorable management environment including its large capital. Companies in the Group B were established in the same year of 2001. NS Home Shopping was the first in the Group B to shift its loss to profit. Woori Home Shopping has continued to post operating loss for three consecutive years and finally was sold to Lotte Group in 2007, but since then, has registered a continuing increase in net income on sales. Third of all, the result of the trend analysis on the ratio of gross cost to sales cost is as following. Since home shopping falls into sales business, its cost of sales is much lower than that of other types of business such as manufacturing industry. Since 2002 in gross costs including cost of sales, SG&A expense, and non-operating expense, cost of sales turned out to have remarkably decreased. Group B has also posted a notable decline in the same sector since 2002. Fourth of all, the result of the trend analysis on the ratio of gross cost to SG&A expense is as following. Due to its unique characteristics, the home shopping industry usually posts ahigh ratio of SG&A expense. However, more than 80% of SG&A expense means the result of lax management and at the same time, a sharp lower net income on sales than other industries. Last but not least, the result of the trend analysis on ROI is as following. As for CJ Home Shopping, the curve of ROI looks similar to that of its investment on fixed assets. As it turned out, the company's ratio of fixed assets to operating income skyrocketed in 2004 and 2005. As far as GS Home Shopping is concerned, its fixed assets are not as much as that of CJ Home Shopping. Consequently, competition in the home shopping industry, at the moment, is among CJ, GS, Hyundai, NS and Woori Home Shoppings, and all of them need to more thoroughly manage their costs. In order for the late-comers of Group B and other home shopping companies to advance further, the current lax management should be reformed particularly on their SG&A expense sector. Provided that the total sales volume in the Internet shopping sector is projected to grow over 20 trillion won by the year 2010, it is concluded that all the participants in the home shopping industry should put strategies on efficient management on costs and expenses as their top priority rather than increase revenues, if they hope to grow even further after 2007.

  • PDF

Analysis on Cost Structure and Management Performance of Poultry Farming in AgroForestry (산지양계복합경영의 비용구조와 경영성과 분석)

  • Won, Hyun Kyu;Kim, Hae Soo;Jeon, Hyun Sun
    • Journal of Korean Society of Forest Science
    • /
    • v.106 no.4
    • /
    • pp.473-479
    • /
    • 2017
  • This study is to analyze differences in gross income between only forestry and agroforestry. In addition, cost structure and management performance on poultry farming was surveyed. The study sites were three forestry households located in Chungju, Kyungsan and Hwacheon. The method of its management performance were conducted by interview. And, survey items of the performance were operating expenses items and gross income items in 2015. As a result of study, gross income of Chungju business model was 25,608,000 won. The operating cost was 20,217,571 won so that the net income was 5,390,429 won. In case of Gyeongsan, gross income was 33,950,000 won and the operating cost was 18,655,714 won. Thus, the net income was 15,494,286 won. Hwacheon business model showed that gross income was 31,850,000 won, the operating cost was 13,143,000 won. Thus, the net income was 18,707,000 won. And, break-even point of sale volume, which meets cost, was 617 chicken in Chungju, 125 chicken in Gyeongsan, and 63 chicken in Hwacheon. In terms of selling cost-per-production ratio, Chungju business model was 79%, Kyungsan was 55% and Hwacheon was 41%. The results of this study indicates that margin ratio per chicken was 21% in Chungju, 45% in Kyungsan and 59% in Hwacheon. On Agroforestry, increasing rate for gross income was evaluated by 16% in Chungju, 18% in Gyeongsan and 11% Hwacheon.

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
    • /
    • v.11 no.3
    • /
    • pp.1-11
    • /
    • 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.

A comparison of Production and Solar Energy Utilization among Young Pinus koraiensis Plantations of Different Ages (잣나무 유림의 수령에 따른 생산량 및 태양에너지 이용효율 비교)

  • Kim, Yong-Tage;Seung-Woo Lee;Joon-Ho Kim
    • The Korean Journal of Ecology
    • /
    • v.11 no.2
    • /
    • pp.83-95
    • /
    • 1988
  • Phytomass, annual net production, respiration, annual gros production and litter fall were estimated in young Korean pine (Pinus koraiensis) plantations reforested 1,2,3,6,9 and 11 years ago, respectivly. The estimated phytomasses in terms of allometry were 0.07, 0.44, 0.58, 13.37, 32.26 and 48.42ton/ha/yr for annual net production and those of understory with harvest method were 3.70, 4.52, 5.28, 6.72, 7.56 and 5.72ton/ha for standing phytomass and 5.01, 4.71, 5.52m 6.15, 4.51 and 2.08 ton/ha/yr for annual net production at 1,2,3,6,9 and 11 year old plantation, respectively. Although the standing phytomass of understory increased gradually until 9 years thereafter decreased, that of white pine increased suddenly from 6 years after reforestation. The ratios of the annyal net production of understory to that of white pine were 71.57, 1.48 and 0.23 at 1,6 and 11 year old plantations, respectively. The net production in calorie value for whole vegetation of the plantations, respectively. The net production in calorie value for whole vegetation of the plantations increased until 9 years thereafter decreased; i.e. 224, 221, 280, 466, 527 and 494X105 kcal/ha/yr at 1,2,3,6,9 and 11 year old plantation, respectivey. The ratio of annual net production to annual gross production of the undersoty was lower than that of the pine at the same plantation age. Efficiency of solat energy untilization for net production by the pine was lower than that by understory y\until six ear old plantation but that was vice versa over 9 year old plantation. That for gross producrion by the pine was lower than that by the unsersotry at all plantations.

  • PDF