Definition
Ratio that indicates how efficiently a firm is using its current assets to generate revenue. Formula: Sales revenue ÷ Average current assets.
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http://www.businessdictionary.com/definition/current-assets-turnover.html
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Nearby Terms
- current
- current account
- current account balance (CAB)
- current account equilibrium
- current asset
- current assets to short-term debt ratio
- current assets turnover
- current cash debt coverage
- current cash debt coverage ratio
- current cost
- current demand
- current dividend preference
- current dollar [or any other currency]
Popular 'Accounting & Auditing' Terms
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