Topical Terminology  

       

Topical Terminology > Asset Turnover Ratio



1 Definition

Asset Turnover Ratio

For Asset Turnover Ratio we have a term and definition in Accounting.



Asset Turnover Ratio (Accounting)

is a general measure of a firm's ability to generate sales in relation to total assets. It should be used only to compare firms within specific industry groups and in conjunction with other operating ratios to determine the effective employment of assets.




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