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 /ˈɑpəreɪtɪŋ ɪkˈspɛns ˈreɪʃioʊ/
"operating expense ratio" picture

Noun

1.

a measure of the efficiency of a company's operations, calculated by dividing operating expenses by net sales

Example:
The company improved its operating expense ratio by reducing administrative costs.
A low operating expense ratio indicates efficient management.
Synonym:
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