Assets turnover ratio

By:
Updated: Aug 20, 2021

Assets turnover ratio

The assets turover ratio tells us how efficient the company is in turning profit out of its assets. Net sales divided by net average purchase price of the assets, gives an indication on how much profit the company is able to generate.



Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.