Way too simplistic. Investors and analysts are interested in return on
capital employed (investment, equity, etc.). I used to work in the
supermarket industry while one of my brothers worked in the farm
equipment industry. Supermarket profit ran about 1-1.50f sales, but we
turned inventory over more than 12 times per year, i.e., sales were over
12 times the value of inventory. The farm equipment inventory (combines,
tractors, harvesters....) turned about once per year, so they would need
to have 12-180rofit for the same annual return on inventory as the
supermarket business. (Fixed investment, payables/receivables, etc.
issues (which are VERY different for the 2 industries) ignored for
conceptual simplicity.)
I suspect that film is a much faster turn business than cameras and
office machines and processing and processing supplies are certainly
much faster. I'm not saying that Kodak is more or less 'successful' than
any of the other of the businesses on the list, but rather that the
information given is completely insufficient to tell.
Moose
Alan wrote:
Cute -- Fuji makes 10 times the product as kodak on same income and olympus
makes the same profit as kodak on 1/4 the income. What is kodak doing with
all their mony ?
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