What is Total Asset Turnover?
Total Asset Turnover is a ratio that measures how well a company is using its assets to generate revenue. It is calculated by dividing total revenue by total assets.
Total asset turnover is a metric that is used to determine how efficiently a company is using its assets to generate revenue. It is also used to determine how well a company is utilizing its assets to generate revenue.
Total asset turnover is a good metric to use when comparing companies within the same industry.
How do you calculate Total Asset Turnover in Sage Intacct?
It can be difficult to calculate Total Asset Turnover directly inside of Sage Intacct; that's where Causal comes in.
Causal is a modelling tool which lets you build models on top of your Sage Intacct data. You simply connect Causal to your Sage Intacct account, and then you can build formulae in Causal to calculate your Total Asset Turnover.
What is Causal?
Causal lets you build models effortlessly and share them with interactive, visual dashboards that everyone will understand.
In Causal, you build your models out of variables, which you can then link together in simple plain-English formulae to calculate metrics like Total Asset Turnover. This makes your models easy to understand and quick to build, so you can spend minutes, not days, on your models.
When you're done, you can share the link to your model with stakeholders. They'll be able to view your model's outputs in a visual dashboard, rather than a jumble of tabs and complex formulae. The dashboards are interactive, letting viewers tweak your assumptions to see how they affect the model's outputs.
Causal lets you add visuals in a single click, letting you plot out graphs and distributions for metrics like Total Asset Turnover.