What is current assets turnover ratio? 1.28K viewsAccounting 0 Cooper 0 Comments How can I calculate the current assets turnover ratio? Do you know what is the formula that I can use and whether it is a percentage or a multiple? I would also appreciate it if you could help me explain the movement in the ratio. 1 Answer ActiveVotedNewestOldest 0 Blair Posted 0 Comments The current assets turnover ratio can be found as : (Sales-Returns)/Current Assets It shows if (as well as the speed) the company is able to turn its current assets into sales. The higher the ratio the better. Register or Login Search for:
