Asset turnover is the ratio of total sales or revenue to average assets. This metric helps investors understand how effectively a company uses assets to generate sales. Investors use the asset turnover ratio to compare companies in the same sector or group. Investopedia / Michela Buttignol Cal...
What is staff turnover? Staff turnover, also known as employee turnover or churn, is the total number of staff who leave an ongoing role in your business — voluntarily or involuntarily — over a certain period. Most businesses measure employee turnover annually. If your business has high ...
Logistics and supply chain management might seem like the same thing, but they actually play different roles. Think of supply chain management as the big picture – it’s all about overseeing everything from sourcing raw materials to getting the final product into the hands of your customers. ...
turnover is the total sales volume excluding discounts and taxes. The shareholders are likely to compare the turnover ratios between last and the present year to obtain an anticipatory estimate on the rate of turnover, if the results 创始从转交部分在财政信息,在会计语言,转交是总销售量除了折扣和...
The statement is FALSE. Asset turnover is net sales divided by average total assets. Asset turnover represents the number of times a company...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer you...
Definition of Total Asset Turnover Ratio The total asset turnover ratio indicates the relationship between a company’snet salesfor a specified year to the average amount of total assets during the same 12 months. Example of Total Asset Turnover Ratio ...
“Turnover” is an accounting term that refers specifically to the total sales made by a business over a particular period. This amount—the turnover—will appear on an income statement. Some people also call this “income” or “gross revenue”. Turnover differs from profit, which is a me...
A company's asset turnover ratio will be smaller than its fixed asset turnover ratio because the denominator in the equation is larger while the numerator stays the same. It also makes conceptual sense that there is a wider gap between the amount of sales and total assets compared to the ...
a Turnover Ratios: Sales divided by various line items (cash, accounts receivable, accounts payable, inventory, current assets, total assets, fixed assets). These turnover rations measure operating characteristics of firms. Higher is better for Asset line items. Lower is better for Accounts Payable...
Properly calculating COGS shows a business manager the true cost of the products sold. This is critical when setting customer pricing to ensure an adequate profit margin. In addition, COGS is used to calculate several other importantbusiness management metrics. For example, inventory turnover—...