Non-current asset turnover

Financial ratio analysis.

Non-current asset turnover is a management efficiency ratio.

It measures the annual revenue generated per unit of non-current assets.

It is calculated as:

Revenue ÷ non-current assets

The greater the non-current asset turnover, the greater the efficiency with which non-current assets are being used in the business.

See also

• Management efficiency ratio
• Non-current assets
• Revenue