The MRQ information is consistent with ROA growth over the last 5 years. Return on investment is also above the industry average. Efficiency Revenue per employee is lagging behind the industry average and well below the market average. With the current growth patterns, the amount of revenue per employee should increase- especially in light of the fact that management is not afraid to cut staff size, as it did by 100 employees in FY 2000. Not surprisingly, the cut helped put the company above the industry average in net income per employee.
Receivable turnover is below the industry average and well above the market average.
Since the industry deals in retail, it is no surprise that receivable turnover is so high. For similar reasons, inventory turnover is lower than industry and market. Asset turnover is below industry average but above market average. Data in the ROE decomposition table supports these statements. Increasing profit margins indicates good profitability.