Fixed Asset Turnover

Financial Data API

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Definition of Fixed Asset Turnover

Fixed-asset turnover is used by analysts to measure operating performance. It is a ratio of net sales to fixed assets. This ratio specifically measures how able a company is to generate net sales from fixed-asset investments, namely property, plant and equipment (PP&E). In general, a higher fixed-asset turnover indicates that a company has more effectively utilized investment in fixed assets to generate revenue.

Formula for Fixed Asset Turnover

$faturnover= \frac{totalrevenue}{netpremisesandequipment}$

Fixed Asset Turnover Details

Intrinio Tag	faturnover
Statements	Calculations
Templates	Industrial, Financial
Type	Efficiency
Units	Float
Historical?	Yes
Screenable?	No

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