Share what you know with millions of people

Focus is the best place to turn what you know into remarkable content
×
0

What is the 'Total Asset Turnover Ratio?'

How is it calculated?

Attachments

0
Michael Schmier
Product, Marketing, and Customer Experience Professional
Posted on Oct. 26, 2010
  • Recommended by:

Asset Turnover Ratio is revenue for the period divided by average assets (assets on the balance sheet at the beginning and at the end end of the period divided by 2). The ratio says that for ever $ worth of assets, the company generats $ in revenue. In general, a higher ratio is good especially for growth companies.

Answer This Question