The net sales to average total assets ratio is also called the total asset turnover ratio. This ratio provides an indication of how efficiently a company is utilizing its assets to generate revenue.
Assets are a company's resources, such as inventory and equipment. They sometimes tie up a significant amount of money, so you want to make sure your small business squeezes as much benefit from them ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
The asset turnover ratio compares a company's total average assets to its total sales. The ratio helps investors determine how efficiently a company is using its assets to generate sales. The success ...