What is current assets turnover ratio? 642 viewsDecember 4, 2012Accounting 0 Cooper December 2, 2012 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 December 2, 2012 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. You are viewing 1 out of 1 answers, click here to view all answers. Register or Login Search for:
