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Asset Turnover definition was found in categories: Business & Finance(2) Encyclopedia(1)
Asset Turnover Definition from Business & Finance Dictionaries & Glossaries
| MONASH Marketing Dictionary |
Asset Turnover
a ratio used to evaluate the profitability of a firm; net sales in a given period are divided by total assets.
a ratio used to evaluate the profitability of a firm; net sales in a given period are divided by total assets.
| Raynet Business & Marketing Glossary |
Asset Turnover
equals sales divided by capital employed. Capital intensive industries (eg. heavy engineering) will tend to have low figures for asset turnover. The asset turnover can be improved by generating a higher level of sales from a given asset base or by disposing of assets which are not productive.
equals sales divided by capital employed. Capital intensive industries (eg. heavy engineering) will tend to have low figures for asset turnover. The asset turnover can be improved by generating a higher level of sales from a given asset base or by disposing of assets which are not productive.
Asset Turnover Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Asset turnover
Asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company.
- "Sales" is the value of "Net Sales" or "Sales" from the company's income statement
- "Assets" is the value of "Total assets" from the company's balance sheet
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