Fixed Asset Turnover
Fixed Asset Turnover is a financial metric that measures a company's ability to generate revenue from its fixed assets (property, plant, and equipment) over a period of time. It is calculated by dividing the company's revenue by its average fixed assets. This ratio indicates how efficiently the company is using its fixed assets to generate revenue. A higher fixed asset turnover ratio indicates that the company is generating more revenue per fixed asset and is considered to be a positive sign for investors.
Additional Details
| Metric Name |
Type |
Default Period Type |
| fa_turnover |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
number |
float |