Asset Turnover Calculator
Measure revenue generated per unit of average total assets using opening and closing balance-sheet values.
Total asset turnoverExample2.5×
- Average total assets
- $120,000
How to calculate asset turnover
Asset turnover = period revenue ÷ ((opening assets + closing assets) ÷ 2)
Uses a two-point average at book value. Large intra-period acquisitions or seasonality may require a monthly average. Compare similar business models and periods.
Worked example
An illustrative scenario. “Reset to example” restores it in the calculator.
- Revenue for the period
- $300,000
- Opening total assets
- $100,000
- Closing total assets
- $140,000
Total asset turnover: 2.5×
Asset Turnover FAQ
Does high turnover prove high profitability?
No. It measures revenue relative to assets. A business can generate high turnover with low margins or losses, so review profitability alongside it.