asset turnover

(redirected from Asset Turnovers)

Asset turnover

The ratio of net sales to total assets.

Asset Turnover

A ratio of a company's net sales to total assets. It is a measure of how efficiently management is using the assets at its disposal to promote sales. A high ratio indicates that the company is using its assets efficiently to increase sales, while a low ratio indicates the opposite. It is also known as total asset turnover.

asset turnover

References in periodicals archive ?
To gain insight into asset turnover, individual asset turnovers for receivables, inventories, and fixed assets were examined.
profitability and asset turnover, relate to operating performance.
Parent firms in general have a lower asset turnover ratio (total sales over total assets) than do subsidiary companies.
The transition has caused us to maintain extra trailer pools and delay normal asset turnovers that have cost approximately $300,000 for 1992.