How many times the assets are turned into sales
Sales divided by total assets, showing how hard the company works what it owns. At the same margin, faster turnover produces a higher return on assets. Retailers turn assets quickly on thin margins; heavy-equipment businesses do not.
Sales of $200 million on $100 million of assets is a turnover of 2.0.
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.