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asset turnover

   Also found in: Financial, Acronyms, Wikipedia 0.03 sec.

asset turnover

Ability to generate sales turnover from a company's asset base. Asset turnover is calculated by dividing sales revenue by total net assets. The result, called the asset turnover ratio, is the amount of sales revenue generated by each monetary unit of asset. The asset turnover ratio is an important measure of business efficiency.



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? Mentioned in ? References in periodicals archive
 
The only profitability measure that lagged other years was asset turnover rate.
2004 was very profitable year by Dickrell, Jim / Dairy Today
These three levers are (1) margins or return on sales, (2) asset turnover and (3) financial leverage.
Pulling the levers to improve profitability by Boehlje, Michael / Agri Marketing
For the assets involved, the business has a good asset turnover ratio (annual revenue from the seed asset) and the Mehmens are able to actively solicit seed purchases.
Throw the Bums OUT! by Bernick, Jeanne / Top Producer
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