Meaning of the word "operating expense ratio" in English
What does "operating expense ratio" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
operating expense ratio
US /ˈɑpəreɪtɪŋ ɪkˈspɛns ˈreɪʃioʊ/
UK /ˈɒp.ər.eɪ.tɪŋ ɪkˈspens ˈreɪ.ʃi.əʊ/
Noun
a measure of the efficiency of a company's operations, calculated by dividing operating expenses by net sales
Example:
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The company improved its operating expense ratio by reducing administrative costs.
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A low operating expense ratio indicates efficient management.
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