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asset turnover

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › asset turnover

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • June 15, 2016 at 12:23 pm #323029
    Avataranu1234
    Member
    • Topics: 78
    • Replies: 65
    • ☆☆

    Is quick assets and asset turnover same ?

    June 15, 2016 at 5:16 pm #323078
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    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.

    June 16, 2016 at 3:03 am #323125
    Avataranu1234
    Member
    • Topics: 78
    • Replies: 65
    • ☆☆

    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

    June 16, 2016 at 5:15 pm #323181
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    What you have written is correct, except that the asset turnover is nothing to do with liquidity.

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