# Asset Turnover Calculator

Asset turnover can be explained as the efficiency of a company to convert its assets into sales. The higher the assets in a year means the higher the company's efficiency.

Formula to calculate asset turnover is given below:

Asset Turnover Example: For the year 2012, company ABC had a net sales revenue of \$5000, assets at Start of Year was \$2000 and assets at end of year was \$2500. Find its asset turnover for the 2012.

Solution:

Given: Net sales revenue = \$5000

Assets at start of the year = \$2000

Assets at end of the year = \$2500

Formula to find asset turnover = Net Sales Revenue / Average Total Assets

= 5000 / ((2000 + 2500)/2)

= 5000 / 2250

Therefore, asset turnover = 2.22

Find asset turnover with the help of our online asset turnover calculator below.

 Net Sales Revenue: Assets at Start of Year: Assets at End of Year: Asset Turnover:

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