equals sales divided by capital employed. Capital intensive industries (eg. heavy engineering) will tend to have low figures for asset turnover. The asset turnover can be improved by generating a higher level of sales from a given asset base or by disposing of assets which are not productive.
ASSET TURNOVER
Meaning of ASSET TURNOVER in English
Raynet Business and Marketing English glossary. Английский глоссарий компании Raynet Business and Marketing . 2012