Overall Turnover
Overall Turnover - Asset Turnover Ratio
Overview
Asset turnover ratio is the ratio of the value of a company’s sales or revenues generated relative to the value of its assets. The Asset Turnover ratio can often be used as an indicator of the efficiency with which a company is deploying its assets in generating revenue.
Calculation
The Asset Turnover Ratio is calculated using the Total Sales over the Total Assets:
Asset Turnover = Sales or Revenues / Total Assets
Usually, the higher the ratio, the better the company is performing.
Settings
Click the cogwheel to access the following settings:
- Time period selection: pick the time period you want the widget to be based on.
See it in any Accounting Software
If your accounting software does not provide the Overall Turnover, it can easily be calculated using the Balance Sheet Report and applying the formula Revenues / Total Assets
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