დავით ცაავა სალხინო

Ratio	2018	2019	2020	2021	2022	2023
Margins
Gross Margin	67.7%	60.8%	56.1%	67.8%	68.6%	71.0%
EBITDA Margin	9.8%	18.2%	-14.7%	11.5%	25.5%	29.3%
EBITDAR	47	100	-54	52	166	170
EBITDAR Margin	9.8%	18.2%	-14.7%	11.5%	25.5%	29.3%
EBIT Margin	-9.7%	2.1%	-37.5%	-5.7%	11.9%	18.5%
Net Profit Margin	-9.7%	2.1%	-14.7%	11.5%	11.9%	18.5%
Operating Expense % of Sales	57.9%	42.5%	70.9%	56.3%	43.1%	41.6%
Returns
Return on Assets (ROA)	-2.7%	0.7%	-3.5%	3.5%	5.0%	6.4%
Return on Equity (ROE)	-3.3%	0.8%	-3.9%	3.6%	5.1%	6.6%
ROIC [EBIT / Invested Capital]	-3.3%	0.8%	-10.1%	-1.8%	5.2%	7.0%
Leverage & liquidity
Debt-to-Assets	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Debt-to-Equity	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x
Debt-to-EBITDA	0.00x	0.00x	N/A	0.00x	0.00x	0.00x
Equity-to-Assets	82.8%	87.5%	88.5%	95.0%	97.4%	96.8%
Net Debt	-7	-2	-2	-7	-19	-78
Cash & Equivalents	7	2	2	7	19	78
Total Debt	N/A	N/A	N/A	N/A	N/A	N/A
Efficiency & working capital
Inventory Turnover	N/A	16.23x	47.65x	N/A	N/A	N/A
Days Inventory Outstanding (DIO)	N/A	22.5	7.7	N/A	N/A	N/A
Receivables Turnover	N/A	296.30x	147.60x	46.29x	5.16x	24.15x
Days Sales Outstanding (DSO)	N/A	1.2	2.5	7.9	70.7	15.1
Payables Turnover	6.64x	9.97x	6.49x	3.56x	9.26x	7.27x
Days Payable Outstanding (DPO)	55.0	36.6	56.2	102.5	39.4	50.2
Cash Conversion Cycle	-55.0 days	-12.9 days	-46.1 days	-94.6 days	31.3 days	-35.1 days
Asset Turnover	0.28x	0.34x	0.24x	0.30x	0.42x	0.35x
Cash flow & dividends
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow (OCF − Capex proxy)	N/A	N/A	N/A	N/A	N/A	N/A
Cash Conversion (OCF / EBITDA)	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Declared	N/A	N/A	N/A	N/A	N/A	N/A
Dividend Payout Ratio	N/A	N/A	N/A	N/A	N/A	N/A

Money rows — EBITDAR, net debt, cash, total debt, operating and free cash flow, dividends declared — are in ₾ '000. Margins, returns and payout are percentages; turnover and leverage are multiples; DIO/DSO/DPO are days. Hover a metric name for its definition.