operating
121Operating ratio — The operating ratio is a financial term defined as a company s operating expenses as a percentage of revenue. This financial ratio is most commonly used for industries which require a large percentage of revenues to maintain operations, such as… …
122Operating budget — An operating budget is the annual budget of an activity stated in terms of Budget Classification Code, functional/subfunctional categories and cost accounts. It contains estimates of the total value of resources required for the performance of… …
123Operating subsidiary — An operating subsidiary is a business term frequently used within the United States in corporate profile descriptions. In the railroad industry, for example, it refers to a company that is a subsidiary but operates with its own identity and… …
124operating system (OS) — Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. Its roles include managing the functioning of the computer hardware, running the… …
125Operating Cash Flow - OCF — The cash generated from the operations of a company, generally defined as revenues less all operating expenses, but calculated through a series of adjustments to net income. The OCF can be found on the statement of cash flows. Also known as cash… …
126Operating Cash Flow Margin — A measure of the money a company generates from its core operations per dollar of sales. The operating cash flow can be found on the company s cash flow statement, and the revenue can be found on the income statement. A high operating cash flow… …
127Operating Cost — Expenses associated with administering a business on a day to day basis. Operating costs include both fixed costs and variable costs. Fixed costs, such as overhead, remain the same regardless of the number of products produced; variable costs,… …
128Operating Earnings — Profits after subtracting expenses such as marketing, cost of goods sold, administration and general operating costs from revenue. Tax and interest expenses are not subtracted operating earnings are synonymous with EBIT (earnings before interest… …
