@inproceedings{cafde64c52bf4e9ab75e8508fca59337,
title = "Financial analysis of a small scale mining organization",
abstract = "In this study a financial analysis of a small scale gold producing and selling company was done to determine the liquidity of the organization. The gearing ratio was found to be as high as 44.5% with a company equity of $412 000. The debtor{\textquoteright}s collection period was 34.7 days with debtor{\textquoteright}s turnover ratio of 5.73. The creditor{\textquoteright}s turnover ratio was 1.67 with an inventory turnover of 0.83 and a net profit margin of 6.3% was realized. The analysis indicated that the organization{\textquoteright}s liquidity was depressed.",
keywords = "Creditors, Debtors, Gearing, Inventory, Profit margin",
author = "Manyuchi, {M. M.} and T. Mudamburi and N. Sukdeo",
note = "Publisher Copyright: {\textcopyright} IEOM Society International.; 2nd South American Conference on Industrial Engineering and Operations Management, IEOM 2021 ; Conference date: 05-04-2021 Through 08-04-2021",
year = "2021",
language = "English",
isbn = "9781792361258",
series = "Proceedings of the International Conference on Industrial Engineering and Operations Management",
publisher = "IEOM Society",
pages = "236--244",
booktitle = "Proceedings of the International Conference on Industrial Engineering and Operations Management, 2021",
}