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Top 1000 Companies?

  • 23-05-2003 8:48pm
    #1
    ballooba
    Registered Users, Registered Users 2 Posts: 6,315 ✭✭✭


    Anyone read the list of the top 1000 companies in the Irish Times today?

    I didn't think it was very accurate. It was based on turnover from what I can see. Does turnover mean shágall?


Comments

  • #2
    PhilipMarlowe
    Subscribers Posts: 4,419 ✭✭✭PhilipMarlowe


    Didn't read it...
    Re: turnover

    I remember reading that M$ have a net margin of 80-90+% for their office suite.
    If you are in a commodity industry, you might be operating on something like a 3-4% margin.
    So turnover alone isn't much of a measure - I guess it's industry specific.


  • #3
    mike65
    Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    I think to list a 1000 "top" companies in an economy as small as Irelands is pushing things a bit...turnover is like a nations GDP -it
    could be huge but the economy that produces it could be up to its neck in debt. Net Profit as a percentage of turnover is the only meaninful measure of a commercial entity.

    Mike.


  • #4
    ballooba
    Registered Users, Registered Users 2 Posts: 6,315 ✭✭✭ballooba


    Looks like the Irish Times making a half assed attempt at breaking into something that other publications do properly. I think the charts that Ernst & Young publish (don't know what newspaper/magazine they do it with) are really good but i've looked at todays supplement and I'm off to take a dump.


    No need for bog paper.

    The statistics they used are available from the CRO website and they made no effort whatsoever.


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