asset turnover
noun[CorU]
ukus(alsoasset turnover ratio)ACCOUNTING,FINANCE
a company'ssalesfor aparticularperiod, usually ayear,comparedto thevalueofitsfixedassets(=property,machines, etc.):
Thefigureforassetturnoversimplycomparestheturnoverwith theassetsthat thebusinesshas used togeneratethatturnover.