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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › asset turnover
Is quick assets and asset turnover same ?
There is no such term as “quick assets”!
I can only imagine you a referring to the quick ratio and this is certainly not the same as the asset turnover. Both terms are explained in my free lectures.
Quick ratio means how easily i can convert my assets to cash.
Asset turnover is how easily my assets can be genrated to sales
Isnt that right. So will it wrong if we consider asseg turnover as a liquidity ratio
What you have written is correct, except that the asset turnover is nothing to do with liquidity.
