{"id":124914,"date":"2024-01-23T09:24:47","date_gmt":"2024-01-23T08:24:47","guid":{"rendered":""},"modified":"2024-11-07T05:39:01","modified_gmt":"2024-11-07T04:39:01","slug":"cash-flow-to-sales-ratio-unchanged-in-2015-profitability-of-austrian-manufacturing","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/124914\/","title":{"rendered":"Cash-Flow-to-Sales Ratio Unchanged in 2015. Profitability of Austrian Manufacturing"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-124914","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2015, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 8.5 percent, a value which is slightly below the previous year's ratio of 8.6 percent. This marginal decrease of the profitability of manufacturing reflects the moderate growth performance of the manufacturing sector, which attained by a mere +1.3 percent in both 2014 and 2015. According to further estimates of a dynamic, panel-econometric model at the industry level, the cash-flow-to-sales ratio in manufacturing continued its sideward movement in 2016.","onlinedate":"2016-12-13 12:00:00","lang":"English","publication_series":"","publication_date":"20161101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Austria\",\"Cash flow\",\"Equity\",\"Profitability\"]","jelcodes":"[]","related_publications":"[]","pdf":366357,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"21","monthly_report_pages":"136-145","monthly_report_pages_sort":"136","issue":"14","journal":"WIFO Bulletin","publisher":"","invisible":false,"external":false,"embargo_date":"2016-12-13 12:00:00","types":[50590],"research_groups":[3491],"collaboration":"","persons":[3587,3607,12181],"persons_data":"[{\"personId\":3587,\"personName\":\"Klaus S. Friesenbichler\",\"organisationNames\":[]},{\"personId\":3607,\"personName\":\"Werner H\u00f6lzl\",\"organisationNames\":[]},{\"personId\":12181,\"personName\":\"Kerstin H\u00f6lzl\",\"organisationNames\":[\"Austrian Institute for SME Research\"]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Friesenbichler, K. S.<\\\/span><span>, H\u00f6lzl, W.<\\\/span>, &amp; H\u00f6lzl, K. (2016). <span>Cash-Flow-to-Sales Ratio Unchanged in 2015. Profitability of Austrian Manufacturing<\\\/span>. <span><em>WIFO Bulletin<\\\/em><\\\/span>, <em>21<\\\/em>(14), 136-145. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/59211\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/59211<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Friesenbichler KS<\\\/span><span>, H\u00f6lzl W<\\\/span>, H\u00f6lzl K. <span class=\\\"title\\\"><span>Cash-Flow-to-Sales Ratio Unchanged in 2015. Profitability of Austrian Manufacturing<\\\/span><\\\/span>. <span>WIFO Bulletin<\\\/span>. 2016 Nov;21(14):136-145.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{1f6889f6c7ef4632abe1eeb078ac6a26,<\\\/div><div>  title    = \\\"Cash-Flow-to-Sales Ratio Unchanged in 2015. Profitability of Austrian Manufacturing\\\",<\\\/div><div>  abstract = \\\"In 2015, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 8.5 percent, a value which is slightly below the previous year's ratio of 8.6 percent. This marginal decrease of the profitability of manufacturing reflects the moderate growth performance of the manufacturing sector, which attained by a mere +1.3 percent in both 2014 and 2015. According to further estimates of a dynamic, panel-econometric model at the industry level, the cash-flow-to-sales ratio in manufacturing continued its sideward movement in 2016.\\\",<\\\/div><div>  keywords = \\\"Austria, Cash flow, Equity, Profitability, Austria, Cash flow, Equity, Profitability\\\",<\\\/div><div>  author   = \\\"Friesenbichler, \\\\{Klaus S.\\\\} and Werner H{\\\\\\\"o}lzl and Kerstin H{\\\\\\\"o}lzl\\\",<\\\/div><div>  note     = \\\"Cash Flow and Equity\\\",<\\\/div><div>  year     = \\\"2016\\\",<\\\/div><div>  month    = nov,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"21\\\",<\\\/div><div>  pages    = \\\"136--145\\\",<\\\/div><div>  journal  = \\\"WIFO Bulletin\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Cash-Flow-to-Sales Ratio Unchanged in 2015. Profitability of Austrian Manufacturing<\\\/p><p>AU  - Friesenbichler, Klaus S.<\\\/p><p>AU  - H\u00f6lzl, Werner<\\\/p><p>AU  - H\u00f6lzl, Kerstin<\\\/p><p>N1  - Cash Flow and Equity<\\\/p><p>PY  - 2016\\\/11<\\\/p><p>Y1  - 2016\\\/11<\\\/p><p>N2  - In 2015, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 8.5 percent, a value which is slightly below the previous year's ratio of 8.6 percent. This marginal decrease of the profitability of manufacturing reflects the moderate growth performance of the manufacturing sector, which attained by a mere +1.3 percent in both 2014 and 2015. According to further estimates of a dynamic, panel-econometric model at the industry level, the cash-flow-to-sales ratio in manufacturing continued its sideward movement in 2016.<\\\/p><p>AB  - In 2015, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 8.5 percent, a value which is slightly below the previous year's ratio of 8.6 percent. This marginal decrease of the profitability of manufacturing reflects the moderate growth performance of the manufacturing sector, which attained by a mere +1.3 percent in both 2014 and 2015. 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