asset turnover

简明释义

资产周转次数

英英释义

例句

1.To improve the asset turnover, the firm decided to streamline its production processes.

为了提高资产周转率，公司决定简化生产流程。

2.The company's asset turnover indicates how efficiently it uses its assets to generate revenue.

公司的资产周转率表明它使用资产产生收入的效率。

3.Investors often look at the asset turnover to assess a firm's operational efficiency.

投资者通常查看资产周转率来评估公司的运营效率。

4.Comparing asset turnover among competitors can provide insights into market positioning.

比较竞争对手的资产周转率可以提供市场定位的见解。

5.A higher asset turnover ratio suggests that the company is using its assets more effectively.

较高的资产周转率比率表明公司更有效地使用其资产。

作文

In the world of finance and business, understanding various metrics is crucial for assessing a company's performance. One such metric that plays a significant role in evaluating operational efficiency is asset turnover. The term asset turnover refers to a financial ratio that measures the efficiency of a company's use of its assets to generate sales revenue. It indicates how well a company utilizes its assets to produce income, thereby providing insights into its operational effectiveness. A higher asset turnover ratio suggests that a company is using its assets more efficiently, while a lower ratio may indicate underutilization or inefficiency.To calculate asset turnover, one typically divides the total sales or revenue by the average total assets during a specific period. The formula is expressed as: Asset Turnover = Net Sales / Average Total Assets. This calculation provides a clear picture of how effectively a company is converting its investments in assets into revenue. For instance, if a company has net sales of $1 million and average total assets of $500,000, its asset turnover would be 2.0. This means that for every dollar invested in assets, the company generates two dollars in sales.The importance of asset turnover cannot be overstated, especially in industries where asset utilization is key to profitability. Retail businesses, for example, tend to have higher asset turnover ratios compared to capital-intensive industries like manufacturing. This is because retailers often rely on quick inventory turnover and efficient sales processes to maximize their revenue from limited assets. On the other hand, companies in capital-intensive sectors may have lower asset turnover ratios due to the significant investment required in machinery, equipment, and facilities.Analyzing asset turnover in conjunction with other financial metrics can provide a more comprehensive view of a company's overall health. For instance, when combined with profit margins, investors can gain insights into not only how efficiently a company is generating sales but also how much profit it retains from those sales. This dual analysis allows stakeholders to make informed decisions regarding investments and strategic planning.Moreover, tracking asset turnover over time can help identify trends in a company's operational efficiency. If a company's asset turnover ratio is improving, it may indicate that management is effectively optimizing asset usage, which could lead to increased profitability. Conversely, a declining asset turnover ratio may signal potential issues that need to be addressed, such as excess inventory or underperforming assets.In conclusion, asset turnover is a vital metric that provides valuable insights into a company's efficiency in utilizing its assets to generate revenue. By understanding and analyzing this ratio, stakeholders can assess operational performance, compare industry benchmarks, and make informed decisions. Ultimately, a strong asset turnover reflects a company's ability to maximize its resources, contributing positively to its overall financial health and success.

在金融和商业的世界中，理解各种指标对于评估公司的表现至关重要。其中，一个在评估运营效率方面发挥重要作用的指标是资产周转率。术语资产周转率指的是一个财务比率，用于衡量公司利用其资产生成销售收入的效率。它表明一家公司如何有效地利用其资产来产生收入，从而提供有关其运营有效性的见解。较高的资产周转率比率表明公司更有效地使用其资产，而较低的比率可能表明资产未得到充分利用或效率低下。计算资产周转率通常是将总销售额或收入除以特定时期内的平均总资产。公式表示为：资产周转率 = 净销售额 / 平均总资产。这个计算提供了一个清晰的图景，展示公司如何有效地将对资产的投资转化为收入。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2.0。这意味着每投资1美元于资产，公司就能产生2美元的销售。资产周转率的重要性不容忽视，特别是在资产利用率对盈利能力至关重要的行业中。例如，零售企业的资产周转率往往高于制造等资本密集型行业。这是因为零售商通常依赖快速的库存周转和高效的销售流程，以最大化从有限资产中获得的收入。另一方面，资本密集型行业的公司由于在机械、设备和设施上的重大投资，可能会有较低的资产周转率。结合其他财务指标分析资产周转率可以提供公司整体健康状况的更全面的视图。例如，当与利润率结合时，投资者可以深入了解公司不仅如何有效地产生销售，还能从这些销售中保留多少利润。这种双重分析使利益相关者能够做出关于投资和战略规划的明智决策。此外，跟踪资产周转率随时间的变化可以帮助识别公司运营效率的趋势。如果公司的资产周转率正在改善，这可能表明管理层正在有效优化资产使用，从而可能导致盈利能力的提高。相反，下降的资产周转率可能表明需要解决的潜在问题，例如库存过剩或资产表现不佳。总之，资产周转率是一个重要的指标，提供了关于公司利用其资产生成收入的效率的宝贵见解。通过理解和分析这个比率，利益相关者可以评估运营表现、比较行业基准，并做出明智的决策。最终，强劲的资产周转率反映了一家公司最大化资源的能力，积极贡献于其整体财务健康和成功。