Non-current asset turnover

From ACT Wiki
Revision as of 09:58, 2 February 2019 by imported>Doug Williamson (Create page. Source: Financial Accountancy webpage http://www.financialaccountancy.org/financial-ratios/non-current-asset-turnover/)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Financial ratio analysis.

Non-current asset turnover is an 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

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Non-current_asset_turnover&oldid=34560’