Non-current asset turnover and Non-current assets: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Create page. Source: Financial Accountancy webpage http://www.financialaccountancy.org/financial-ratios/non-current-asset-turnover/)
 
imported>Doug Williamson
(Create the page. Sources: linked pages.)
 
Line 1: Line 1:
''Financial ratio analysis.''
(NCA).


Non-current asset turnover is an efficiency ratio.
Assets that are likely to be used in the business for more than a year or a normal accounting cycle.
 
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 ==
== See also ==
* [[Efficiency ratio]]
* [[Current assets]]
* [[Non-current assets]]
* [[Fixed assets]]
* [[Revenue]]
* [[Non-current liabilities]]
 
* [[PPE]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 11:05, 9 September 2017

(NCA).

Assets that are likely to be used in the business for more than a year or a normal accounting cycle.


See also