ANALYSIS OF TURNOVERRATIOS OFTHE COMPANY
TURNOVER RATIO Funds of creditors and owners are invested in various assets to generate sales and profits. The better the management of assets, the larger the amount of sales. Turnover ratios are employed to evaluate the efficiency with which the firm manages and utilizes its assets. These ratios are also called “Activity ratios”. Turnover ratios indicate the speed with which assets are being converted or turned over into sales.
BELGAUM INSTITUTE OF MANAGEMENT STUDIES (MBA)
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