Asset Turnover

英文名称：Asset Turnover 中文名称：资产周转率
指单位金额资产产生的销售收入，用于衡量企业在产生销售收入方面资产的使用效率。计算方法为：销售收入总额／平均资产总额。
e.g. This will have the most meaningful impact for Novamerican, not just in terms of strong liquidity but also in terms of enabling a much faster and more reliable delivery system that will result in higher asset turnover and utilization.

The amount of sales generated for every dollar's worth of assets. It is calculated by dividing sales in dollars by assets in dollars.

Formula:

Also known as the Asset Turnover Ratio.

Asset turnover measures a firm's efficiency at using its assets in generating sales or revenue - the higher the number the better. It also indicates pricing strategy: companies with low profit margins tend to have high asset turnover, while those with high profit margins have low asset turnover.