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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Asset Turnover  

Definition 1.

The amount of sales generated for every dollar's worth of assets. It is calculated by dividing sales in dollars by assets in dollars.
 

Definition 2.

The ratio of net sales to total assets.
 

Definition 3.

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.
 
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