asset turnover

Definition

Net sales divided by total assets. This is a measure of how well assets are being used to produce revenue. also called total asset turnover.

Use asset turnover in a sentence

Our asset turnover was very interesting to me and I told my friend about how it impacted our business structure.

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Because we had predicted our needs very carefully and calculated correctly how much to invest, our asset turnover this quarter was high.

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The asset turnover ratio was presented during the meeting as evidence that the new machinery purchased was providing excellent value to us.

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front-end load Du Pont analysis