| 单词 | asset turnover ratio |
| 释义 | asset turnover ratio in Accounting (æsɛt tɜrnoʊvər reɪʃoʊ) Word forms: (regular plural) asset turnover ratios noun (Accounting: Management) An asset turnover ratio is a measure of the efficiency of a company, that is calculated by dividing sales for a period by average total assets. SIMILAR WORDS: asset utilization ratio The higher the asset turnover ratio, the more efficiently the company uses its assets to generate sales. The asset turnover ratio, which is a measure of how efficiently the assets of the company are used to generatesales, rose 5 percent. An asset turnover ratio is a measure of the efficiency of a company, that is calculated by dividing salesfor a period by average total assets. |
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