Asset Turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue. It is an important metric to assess how well a company is utilizing its assets to produce revenue.
A financial ratio is a comparative figure that helps in analyzing the financial health, performance, and viability of a company. Very often, they are used to make informed business and investment decisions.
Growth rate is a metric that illustrates the amount of change over a period in certain financial characteristics of a company, such as sales revenue or profits. It is usually expressed as a percentage and can be compared to the Retail Price Index or another inflation measure to evaluate the company's real performance.
