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Signs of crises

Increasing creditor days (account payable turns)

Increasing debtor days (account receivable turns)

Decreasing inventory turnover

Decreasing sales/plant

Increasing overhead/sales

Decreasing gross margin

Decreasing interest coverage

Increasing gearing (leverage)

Increasing tax ratio

Declining sales (inflation - adjusted)

Increasing raw materials/sales

Increasing labor/sales

Decreasing sales per employee


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