$3.$d$\mathrm{.}1.$ Asset management ratios

Continuing from the previous questions, calculate Bayside's $2018$ fixed asset turnover.

Round to two decimal places.

$2017$ Industry average

Bayside's fixed asset turnover $0\mathrm{.}862\mathrm{.}2$

Note how Bayside has improved its asset management, as measured this way, but its use of assets is not up to the industry average.

$3.$d$\mathrm{.}2.$ Asset management ratios

Continuing from the previous questions, calculate Bayside's $2018$ total asset turnover ratio.

Round to two decimal places.

$2017$ Industry average

Bayside's total asset turnover ratio $0\mathrm{.}680\mathrm{.}97$

Note how Bayside has improved its asset management, as measured this way, but again its use of assets is not up to the industry average.

$3.$d$\mathrm{.}3.$ Asset management ratios

Continuing from the previous questions, calculate Bayside's $2018$ days in patient accounts receivable.

Round to one decimal place.

$2017$ Industry average

Bayside's days in patient accounts receivable $90\mathrm{.}364\mathrm{.}0$

Note how Bayside has improved its days in patient account receivable, but there seems to be some issues with its receivables when compared to the industry average.