Asset Turnover A performance measure based on a retailer's net sales and total assets. It is equal to net sales divided by total assets.
asset turnover
a ratio used to evaluate the profitability of a firm, net sales in a given period are divided by total assets
assortment strategies ...
Strategic Profit Model a tool used to assess a firm's profitability; return on equity is calculated by multiplying the net profit margin by the asset turnover to obtain the return on assets which, in turn, is multiplied by the financial leverage.
 See also: Control, Prospect, Goods, Sales, Rough
  
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