Asset Turnover

Asset Turnover is a measure of how effectively a company uses assets to generate revenue. Joseph Piotroski calculates the Asset Turnover by dividing revenue by the value of total assets on the balance sheet at the beginning of the finanical year. Elsewhere, Stockopedia divides revenue by the average assets (ie. opening asset position + ending asset position / 2). This is measured on an annual basis.

Stockopedia explains Asset Turnover

Asset Turnover shows how efficient a company is at using its assets to generate sales. It calculates the total revenue for every dollar/pound of assets a company owns.

The formula is: Total Sales / Opening Total Assets

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Ranks: High to LowAvailable in screener

The 5 highest Asset Turnover Stocks in the Market

TickerNameAsset TurnoverStockRank™
LON:SNWSSmiths News5.5998
LON:FOUR4imprint5.5783
LON:MOTRMotorpoint5.4983
LON:NWFNWF4.8480
LON:GATCGattaca4.7375