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Operating Asset Turnover Calculator

Measure how efficiently your company generates revenue from operating assets

Operating Asset Turnover Calculator

Operating Assets

Cash and cash equivalents

Money owed by customers

Raw materials and finished goods

Expenses paid in advance

Property, plant, equipment, and other long-term assets

Revenue

Annual sales revenue or net sales

Operating Assets Breakdown

$250,000
Cash
12.8%
$200,000
Receivables
10.3%
$400,000
Inventory
20.5%
$100,000
Prepaid
5.1%
$1,000,000
Fixed Assets
51.3%
$1,950,000
Total Operating Assets
100%

Operating Asset Turnover Results

1.54×
Operating Asset Turnover
Sales ÷ Operating Assets
Good
Performance Level
$1.54
Revenue per $1 of Assets
Formula: Operating Asset Turnover = Sales ÷ Operating Assets
Calculation: $3,000,000 ÷ $1,950,000 = 1.54×
Industry Context: Typical for manufacturing or service industries

Asset Efficiency Analysis

Revenue per Asset Type

Cash:$12.00
Receivables:$15.00
Inventory:$7.50
Prepaid:$30.00
Fixed Assets:$3.00

Asset Composition

Cash:12.8%
Receivables:10.3%
Inventory:20.5%
Prepaid:5.1%
Fixed Assets:51.3%

Performance Insights

Good asset efficiency. Your company is performing well in revenue generation relative to assets.

Example: Company Alpha

Company Alpha's Operating Assets

Cash: $250,000

Accounts Receivable: $200,000

Inventory: $400,000

Prepaid Expenses: $100,000

Fixed Assets: $1,000,000

Total Operating Assets: $1,950,000

Calculation

Sales: $3,000,000

Operating Assets: $1,950,000

Operating Asset Turnover: $3,000,000 ÷ $1,950,000 = 1.54×

Interpretation: Company Alpha generates $1.54 in sales for every $1 of operating assets

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Industry Benchmarks

Retail Industry

Excellent: >3.0×
Good: 2.0-3.0×
Average: 1.5-2.0×
Below Average: <1.5×

Manufacturing

Excellent: >2.0×
Good: 1.5-2.0×
Average: 1.0-1.5×
Below Average: <1.0×

Utilities

Excellent: >1.0×
Good: 0.7-1.0×
Average: 0.5-0.7×
Below Average: <0.5×

Improvement Strategies

Optimize inventory management to reduce excess stock

Improve accounts receivable collection processes

Maximize utilization of fixed assets

Invest excess cash in revenue-generating activities

Review and optimize prepaid expense policies

Consider asset disposal if underperforming

Understanding Operating Asset Turnover

What are Operating Assets?

  • Cash: Liquid funds available for operations
  • Accounts Receivable: Money owed by customers
  • Inventory: Raw materials and finished goods
  • Prepaid Expenses: Expenses paid in advance
  • Fixed Assets: Property, plant, and equipment

Calculation Formula

Operating Asset Turnover = Sales ÷ Operating Assets
Operating Assets = Cash + Receivables + Inventory + Prepaid + Fixed Assets

Interpretation

  • Higher Ratio: More efficient asset utilization
  • Lower Ratio: Less efficient revenue generation
  • Industry Context: Compare within same industry
  • Trend Analysis: Monitor changes over time

Benefits of Analysis

  • Identifies operational efficiency
  • Guides asset management decisions
  • Compares performance with competitors
  • Supports investment decisions
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