- We have combined the financial statements of globally-listed non-financial companies into one for the past 23 years
- The average number of companies included in this study was 12,586 per year and as of 2017, it was 17,159
- The asset turnover ratio has averaged 78% and has fallen from a high of 92% to a low of 64% in 2016
- The data in the first decade is not fully comparable as there were considerably fewer companies in the universe at that time
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Q2 hedge fund letters, conference, scoops etc
Article by Become A Better Investor
