Asset Turnover measures how effectively a company uses assets to generate revenue. This ratio is calculated as per the method used by the financial academic, Joseph Piotroski. He 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).
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.
| Ticker | Name | Asset Turnover | StockRank™ |
|---|---|---|---|
| LON:SNWS | Smiths News | 5.95 | 99 |
| LON:FOUR | 4imprint | 5.57 | 86 |
| LON:MOTR | Motorpoint | 5.49 | 81 |
| LON:GATC | Gattaca | 5.01 | 77 |
| LON:RTC | RTC | 4.46 | 100 |