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1 efficiency
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2 efficiency ratio
Fina way of measuring the proportion of operating revenues or fee income spent on overhead expenses.EXAMPLEOften identified with banking and financial sectors, the efficiency ratio indicates a management’s ability to keep overhead costs low. In banking, an acceptable efficiency ratio was once in the low 60s. Now the goal is 50, while better-performing banks boast ratios in the mid 40s. Low ratings usually indicate a higher return on equity and earnings.This measurement is also used by mature industries, such as steel manufacture, chemicals, or car production, that must focus on tight cost controls to boost profitability because growth prospects are modest.The efficiency ratio is defined as operating overhead expenses divided by turnover. If operating expenses are $100,000, and turnover is $230,000, then:100,000/230,000 = 0.43 efficiency ratioHowever, not everyone calculates the ratio in the same way. Some institutions include all non-interest expenses, while others exclude certain charges and intangible asset amortization.A different method measures efficiency simply by tracking three other measures: accounts payable to sales, days sales outstanding, and stock turnover. This indicates how fast a company is able to move its merchandise. A general guide is that if the first two of these measures are low and third is high, efficiency is probably high; the reverse is likewise true.To find the stock turnover ratio, divide total sales by total stock. If net sales are $300,000, and stock is $140,000, then:300,000/140,000 = 2.14 stock turnover ratioTo find the accounts payable to sales ratio, divide a company’s accounts payable by its annual net sales. A high ratio suggests that a company is using its suppliers’ funds as a source of cheap financing because it is not operating efficiently enough to generate its own funds. If accounts payable are $50,000, and total sales are $300,000, then:50,000/300,000 = 0.14 × 100 = 14% accounts payable to sales ratio -
3 efficiency
Gen Mgtthe achievement of goals in an economic way. Efficiency involves seeking a good balance between economy in terms of resources such as time, money, space, or materials, and the achievement of an organization’s goals and objectives. A distinction is often made between technical and economic efficiency. Technical efficiency means producing maximum output with a minimum input, while economic efficiency means the production and distribution of goods at the lowest possible cost. In management, a further distinction is often made between efficiency and effectiveness, with the latter denoting performance in terms of achieving objectives. Achieving efficient performance is one of the key drivers behind scientific management. -
4 efficiency
n. efficiency, competence, productivity (without waste of time or effort) -
5 efficiency of energy recovery
энергетический к.п.д. процесса газификации; ср. conversion efficiency 2Англо-русский словарь промышленной и научной лексики > efficiency of energy recovery
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6 Efficiency Costs Optimization Simulation
Business: ECOSУниверсальный русско-английский словарь > Efficiency Costs Optimization Simulation
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7 Efficiency Medal, Territorial
Military: EMTУниверсальный русско-английский словарь > Efficiency Medal, Territorial
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8 Efficiency improvement
Sakhalin energy glossary: EIУниверсальный русско-английский словарь > Efficiency improvement
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9 efficiency
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10 efficiency decoration
Military: EDУниверсальный русско-английский словарь > efficiency decoration
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11 efficiency factor
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12 efficiency
n эффективность -
13 efficiency of encryption
эффективность шифрованияEnglish-Russian cryptological dictionary > efficiency of encryption
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14 efficiency
Англо-русский словарь промышленной и научной лексики > efficiency
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15 efficiency factor
множитель в выражении для эффективности ( антенны); парциальная эффективность; парциальный коэффициент использования площади раскрываАнгло-русский словарь промышленной и научной лексики > efficiency factor
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16 efficiency hierarchy
классификация ( скважинных фильтров) по их свойствам ( характеристикам)Англо-русский словарь промышленной и научной лексики > efficiency hierarchy
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17 efficiency of a receiver
Англо-русский словарь промышленной и научной лексики > efficiency of a receiver
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18 efficiency of abrasion
Англо-русский словарь промышленной и научной лексики > efficiency of abrasion
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19 efficiency of coal extraction
степень выгазовывания угля; степень извлечения угля ( при подземной газификации)Англо-русский словарь промышленной и научной лексики > efficiency of coal extraction
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20 efficiency of grating
( дифракционная) эффективность решёткиАнгло-русский словарь промышленной и научной лексики > efficiency of grating
См. также в других словарях:
Efficiency — as a technical term may refer to: * Algorithmic efficiency, optimizing the speed and memory requirements of a computer program * Efficient energy use, useful work per quantity of energy ** Energy conversion efficiency, desired energy output per… … Wikipedia
efficiency — apartment efficiency apartment n., a small apartment[4], sometimes furnished, with minimal kitchen and bath facilities. The unit may comprise a single room plus a bathroom, and the kitchen facilities are often open to the main room, or may form a … The Collaborative International Dictionary of English
efficiency apartment — n., a small apartment[4], sometimes furnished, with minimal kitchen and bath facilities. The unit may comprise a single room plus a bathroom, and the kitchen facilities are often open to the main room, or may form a small niche in a corner. There … The Collaborative International Dictionary of English
Efficiency expert — may refer to:*Ergonomics expert *Business efficiency expert; see also, Layoffs * The Efficiency Expert , a 1921 novel by Edgar Rice Burroughsee also* Spotswood (film), US title The Efficiency Expert , Australian comedy film released in 1992 … Wikipedia
efficiency engineer — ☆ efficiency engineer or efficiency expert n. a person whose work is to increase the productive efficiency of a business or industry by finding better methods of performing various operations, reducing waste and costs, etc. * * * … Universalium
efficiency engineer — ☆ efficiency engineer or efficiency expert n. a person whose work is to increase the productive efficiency of a business or industry by finding better methods of performing various operations, reducing waste and costs, etc … English World dictionary
Efficiency factor — Efficiency factor: In data communications, the ratio of (a) the time to transmit a text automatically at a specified modulation rate to (b) the time actually required to receive the same text at a specified maximum error rate. All of the… … Wikipedia
efficiency — 1590s, power to accomplish something, from L. efficientia (from efficientem; see EFFICIENT (Cf. efficient)) + CY (Cf. cy). In mechanics, ratio of useful work done to energy expended, from 1858. Attested from 1952 as short for efficiency apartment … Etymology dictionary
Efficiency — relationship between the result achieved and the resources used (p. 3.2.15 ISO 9000:2005). Источник … Словарь-справочник терминов нормативно-технической документации
efficiency — ► NOUN (pl. efficiencies) 1) the state or quality of being efficient. 2) an action intended to achieve efficiency … English terms dictionary
efficiency — [e fish′ən sē, ifish′ən sē] n. pl. efficiencies [L efficientia: see EFFICIENT] 1. ability to produce a desired effect, product, etc. with a minimum of effort, expense, or waste; quality or fact of being efficient 2. the ratio of effective work to … English World dictionary