This is a measurement indicating how well certain assets are being used to produce revenue. It is the ratio of total sales or revenue to average assets, and it is calculated by dividing net sales by total assets. A higher asset turnover ratio means that the revenue being generated from those assets is efficient.
Asset turnover
This is a measurement indicating how well certain assets are being used to produce revenue. It is the ratio of total sales or revenue to average assets, and it is calculated by dividing net sales by total assets. A higher asset turnover ratio means that the revenue being generated from those assets is efficient.
