What is Fixed Asset Turnover?
Fixed asset turnover measures how efficiently a company generates revenue from its property, plant, and equipment investments.
Formula
Fixed Asset Turnover = Revenue ÷ Net Fixed Assets
How to Interpret
Higher is better. Declining fixed asset turnover after major capex may indicate over-investment or underutilization.
Typical Ranges
Services: 5-10x, Manufacturing: 2-5x, Utilities/Real Estate: 0.5-2x
Find Stocks Using This Metric
Use the Equiscale Stock Screener to filter Indian stocks by Fixed Asset Turnover.
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