Azerbaijan state economics university

BP’s Company’s assets turnover ratio indicates an increasing trend in utilizing the assets to generate revenue. According to the graph above BP’s describes that an increase from 2010 assets turnover of 1.09 to 1.28 in 2011 while in 2012 and 2013 the company averages in 1.25 in utilizing the assets to generate revenue. This indicates that the management should emphasize in stringent measures in ensuring that the assets turnover ratio is maintain at acceptable increasing trend.

Days Inventory

Day’s inventory ratio describes the number of times a company inventory flows from selling and replacing of the entire inventory’s batch[ CITATION Alf12 \l 1033 ]. The inventory turnover ratio is utilized in determining the efficiency of the company in managing the inventory. The higher inventory turnover ratio describes that the company has better financial performance since it can take shorter time in converting its inventory to sales revenue.

	Day Inventory Ratio
	Amounts in US$ Millions
Year’s	2013	2012	2011	2010
Average Inventory	28717	26932	25939.5	24411.5