Meaning asset turnover ratio
What does asset turnover ratio mean? Here you find 3 meanings of the word asset turnover ratio. You can also add a definition of asset turnover ratio yourself
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asset turnover ratioThe mathematical result of sales revenues divided by average total assets during the period of the sales.
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asset turnover ratiois a measure of how efficiently a company's assets generate revenue. It measures the number of dollars of revenue generated by one dollar of the company's assets.
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asset turnover ratioA measure of asset efficiency, defined as net sales divided by total assets.
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| << arm's length transaction | abnormal spoilage >> |
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