Below please find a definition of “Assets Turnover” Assets Turnover: The efficiency of a firm is measured by how it uses its assets for generating revenue. In the financial world, sales divided by assets would be termed as asset turnover.
Below please find a definition of “Assets” Assets: Any resource owned by an individual or a corporation that has value attached to it is considered as an asset. This item can be converted to cash to meet commitments or debts.