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It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation. ** The ROE % used above is for Du Pont Analysis only. All currency related amount are indicated in the company's associated stock exchange currency. For example, if a company has 1 million in total assets and makes 100,000 in net sales, the formula would be the following: Total Asset Turnover 100,000 / 1,000,000. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. Total asset turnover is represented as a relatively simple formula: Total Asset Turnover Net Sales / Total Assets. * For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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The Revenue data used here is four times the quarterly ( Jun. The Net Income data used here is four times the quarterly ( Jun. ( Total Assets / Total Stockholders Equity) Payments to Suppliers for Goods and Services.Other Cash Receipts from Operating Activities.Other Cash Payments from Operating Activities.Cash Received from Insurance Activities.Cash Receipts from Securities Related Activities.
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Cash Receipts from Operating Activities.Cash Receipts from Fees and Commissions.Cash Receipts from Deposits by Banks and Customers.Cash Payments for Deposits by Banks and Customers.Cash from Discontinued Operating Activities.Cash From Discontinued Investing Activities.Short-Term Debt & Capital Lease Obligation.Other Liabilities for Insurance Companies.Long-Term Debt & Capital Lease Obligation.On the other hand, a lower ratio may indicate a problem with one or more asset categories comprising total assets. The higher the ratio, the better the business is performance-wise. Inventories, Raw Materials & Components The asset turnover ratio is a good indicator for measuring the health of a business and how efficient a company is in utilizing its assets to generate revenue.Average assets are calculated by adding Beginning year assets to End of year assets and. Cash, Cash Equivalents, Marketable Securities Asset turnover can be calculated with this equation: Asset Turnover ratio Total Revenue / Average Assets.Accumulated other comprehensive income (loss).
#Total asset turnover ratio plus
Average total assets are equal to total assets at the beginning of the period plus total assets at the ending of the period divided by two. The denominator includes average total assets.