asset turnover Meaning in the Cambridge English Dictionary
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Meaning of “asset turnover” in the English Dictionary

"asset turnover" in Business English

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asset turnovernoun [C or U]

uk   us   (also asset turnover ratio)
ACCOUNTING, FINANCE a company's ​sales for a particular ​period, usually a ​year, compared to the ​value of its fixedassets (= ​property, ​machines, etc.): The ​figure for ​assetturnover simply compares the ​turnover with the ​assets that the ​business has used to ​generate that ​turnover.
(Definition of asset turnover from the Cambridge Business English Dictionary © Cambridge University Press)
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