Also known as
the capital turnover ratio, this is a measure of ability to generate sales and also steer clear of competition.
Not exact matches
a) investing their own money alongside you, so your interests are aligned b) a stake in the company they work at i.e. it is a partnership or employee - owned c) a proven ability to outperform an index over the long - term (at least 10 years) d) reasonable charges — preferably no more than a 1 % management fee and no performance fee e) a concentrated, high conviction portfolio i.e. they do not just hug their benchmark f) a low - asset -
turnover ratio i.e. they have a long - term investment horizon and rarely sell investments g) a proven ability to preserve
capital during the bad times h) a stable team who have worked together for a number of years.
They have higher
turnover, which leads to higher expense
ratios and generally higher
capital gains taxes.
This year, your investment portfolio at Hylland
Capital Management switched out 0 of its holdings for other investments, a
turnover ratio of 0 %.
Of course, this is before taxes, and with a
turnover ratio of 45 %, MOAT will generate its fair share of
capital gains taxes in non-IRA portfolios.
Gastineau carefully discusses many important factors such as taxes,
capital gains overhang, trading costs,
turnover, benchmark selection, active management, expense
ratio, and aggressive trading by market timers.
And presuming a stable / reliable business model like Applegreen's, in terms of
turnover & working
capital ratios — this float (just like insurance float) is effectively tax - free & interest - free permanent financing.
Under liquidity
ratios, we have current
ratio, acid test
ratio,
turnover ratio (i.e. Sales to receivable), days» receivable
ratio, cost of sales to payable, cash
turnover or working
capital.