angirusya Staff asked 3 years ago What kind of key performance indicators should be used to monitor financial performance?
1 Answers
Shushant mallik Staff answered 3 years ago To review the Key performance indicators that can be used to monitor financial performance are as follow:
Current ratio should be above 1;
Debt equity ratio should be in the form of 2:1
Key management person of the company should not be changed;
Corporate governance should be expedite;
Substantial growth in revenue of the company;
Cash conversion cycle should be less than 7 days;
Debtors days should be reduced to 7 days;
Annual returns should be filled on time;
No delay in repayment of statutory compliance
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