One key financial ratio used to measure how well a company converts its profit to free cash flow (FCF) is the accrual ratio. The accrual ratio subtracts the FCF from the profit for a given period, and ...
JOHANNESBURG, May 31 (Reuters) - South African budget retailer Mr Price Group has closed its Australian test stores due to low returns, it said on Friday, underscoring the costs of expanding into new ...
Retailer Mr Price Group is rolling out backup power to all its stores, as the company’s chairman called the country’s current electricity shortage untenable. The Durban-based specialist in mid-range ...
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