asset turnover

简明释义

资金周转率;

英英释义

Asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.

资产周转率是一个财务比率,用于衡量公司利用其资产产生销售收入的效率。

例句

1.To improve asset turnover 资产周转率, the firm decided to streamline its inventory management process.

为了提高资产周转率,公司决定优化其库存管理流程。

2.Calculating asset turnover 资产周转率 involves dividing total sales by average total assets.

计算资产周转率涉及将总销售额除以平均总资产。

3.The company's asset turnover 资产周转率 is significantly higher than its competitors, indicating efficient use of resources.

该公司的资产周转率显著高于其竞争对手,表明资源使用效率高。

4.A low asset turnover 资产周转率 might suggest that the company is not efficiently utilizing its assets.

资产周转率可能表明公司没有有效利用其资产。

5.Investors often look at asset turnover 资产周转率 to assess how well a company is using its assets to generate sales.

投资者通常关注资产周转率以评估公司如何有效利用其资产来产生销售。

作文

In the world of finance and business, understanding various metrics is crucial for evaluating a company's performance. One important metric that often comes up in discussions about efficiency and profitability is asset turnover. This term refers to the ratio of a company's sales revenue to its total assets, indicating how effectively a company utilizes its assets to generate sales. A high asset turnover ratio suggests that a company is efficient in using its assets, while a low ratio may indicate underutilization or inefficiencies in asset management.To calculate asset turnover, you can use the formula: Asset Turnover = Net Sales / Average Total AssetsFor instance, if a company has net sales of $1 million and average total assets of $500,000, its asset turnover would be 2. This means that for every dollar of assets, the company generates two dollars in sales. Investors and analysts often look at this ratio to gauge operational efficiency and to compare performance across companies within the same industry.The significance of asset turnover extends beyond mere numbers. It helps business leaders make informed decisions about asset management. For example, if a company notices a declining asset turnover ratio over time, it may prompt an internal review of its asset utilization strategies. This could lead to selling off underperforming assets, optimizing inventory levels, or investing in technology that enhances productivity.Moreover, different industries have varying benchmarks for acceptable asset turnover ratios. Retail businesses, for instance, typically have higher asset turnover ratios compared to manufacturing firms because they sell products quickly and operate with less capital tied up in fixed assets. Conversely, industries like utilities or heavy manufacturing might have lower asset turnover ratios due to the substantial investments required in physical assets.Understanding asset turnover also aids investors in making strategic choices. A company with a consistently high asset turnover may be more appealing to investors looking for growth opportunities, as it indicates effective management and a strong ability to convert assets into revenue. However, it is essential to consider this metric alongside other financial indicators such as profit margins and return on equity to get a comprehensive view of a company's financial health.In conclusion, asset turnover is a vital indicator of a company's operational efficiency and effectiveness in utilizing its assets to drive sales. By analyzing this ratio, business leaders and investors can gain valuable insights into a company's performance and make informed decisions regarding asset management and investment strategies. As businesses continue to evolve in a competitive landscape, maintaining a healthy asset turnover will remain a key focus for those aiming to maximize profitability and ensure sustainable growth.

在金融和商业领域,理解各种指标对于评估公司的表现至关重要。一个在讨论效率和盈利能力时经常出现的重要指标是资产周转率。这个术语指的是公司销售收入与其总资产的比率,表明公司利用资产生成销售的有效性。高资产周转率表明公司在使用资产方面效率高,而低比率可能表明资产管理的低效或未充分利用。要计算资产周转率,可以使用以下公式:资产周转率 = 净销售额 / 平均总资产例如,如果一家公司净销售额为100万美元,平均总资产为50万美元,则其资产周转率为2。这意味着每一美元的资产,公司可以产生两美元的销售额。投资者和分析师通常会关注这一比率,以评估运营效率,并在同一行业内比较公司的表现。资产周转率的重要性不仅仅体现在数字上。它帮助企业领导者做出关于资产管理的明智决策。例如,如果一家公司注意到其资产周转率在一段时间内下降,这可能促使内部审查其资产利用策略。这可能导致出售表现不佳的资产、优化库存水平或投资于提高生产力的技术。此外,不同的行业对可接受的资产周转率有不同的基准。例如,零售企业的资产周转率通常高于制造业,因为它们快速销售产品,并且在固定资产上投入的资本较少。相反,公用事业或重工业等行业可能由于需要大量投资于实物资产而拥有较低的资产周转率。理解资产周转率也有助于投资者做出战略选择。一个持续保持高资产周转率的公司可能对寻求增长机会的投资者更具吸引力,因为这表明管理有效,能够将资产转化为收入。然而,考虑这一指标时,还应结合其他财务指标,如利润率和股本回报率,以全面了解公司的财务健康状况。总之,资产周转率是公司运营效率和有效利用资产推动销售的重要指标。通过分析这一比率,企业领导者和投资者可以获得有关公司表现的宝贵见解,并就资产管理和投资策略做出明智决策。随着企业在竞争激烈的环境中不断发展,保持健康的资产周转率将仍然是那些旨在最大化盈利能力和确保可持续增长的公司的重点。

相关单词

asset

asset详解:怎么读、什么意思、用法

turnover

turnover详解:怎么读、什么意思、用法