Fixed Assets Turnover Ratio: Definition: Fixed assets turnover ratio is also known as sales to fixed assets ratio. This ratio measures the efficiency and profit earning capacity of the concern. Higher the ratio, greater is the intensive utilization of fixed assets. Lower ratio means
Defination Of Fixed Assets Turnover Ratio
The association between the sales or turnover for a specified period and the gross or net book value of the fixed assets during or at the end of that period.