Assist to turnover ratio (AST) is a basketball statistic used to out a player’s number of assists in context with the number of turnovers they have caused. It is intended to be representative of a player’s ball control.
How can you improve asset turnover ratio?
To improve your financial ratios related to liquidity, you should take a number of steps:
- Analyze your short term liabilities to make sure that the debt you’re incurring is justified. If you don’t need to incur an expense, don’t.
- Monitor your inventory level and assess whether or not it’s being managed effectively.
- Run promotions and consider offering a sales discount on your products to reduce inventory and generate income.
How to analyze and improve asset turnover ratio?
What is the Asset Turnover Ratio?
- The Formula. Net sales are the amount of revenue generated after deducting sales returns, sales discounts, and sales allowances.
- Example of Asset Turnover Ratio. ...
- Download the Free Template. ...
- Comparisons of Ratios. ...
- Interpretation of the Asset Turnover Ratio. ...
- Key Takeaways. ...
- Video Explanation of Asset Turnover Ratio. ...
- Additional Resources. ...
Is it good to have a high asset turnover ratio?
The higher the asset turnover ratio, the better the company is performing, since higher ratios imply that the company is generating more revenue per dollar of assets. Comparisons are only meaningful when they are made for different companies within the same sector. Click to see full answer.
How to predict and improve turnover and retention?
The most available training programs for employees are the following:
- Management training
- New employee training
- Monitoring program
- Sales training
- Apprenticeships
What is best assist to turnover ratio?
Perimeter players (wing forwards and shooting guards) should be 2-to-1, with twice as many assists as turnovers. Point guards, Boyle said, should strive for a 3-to-1 assist-to-turnover ratio. “If you do that, it means you're playing at an elite level,” Boyle said.
What is a good assist to turnover ratio NBA?
NBA Basketball Player Stats - Assist to Turnover RatioRankPlayerValue1Tyus Jones6.42Tre Jones5.13Jordan McLaughlin4.94T.J. McConnell4.571 more rows
Why is assist to turnover ratio important?
More assists usually lead to more field goals scored. Less turnovers lead to more field goals attempted and less points off turnovers against (e.g. fast break points).
What is LeBron's assist to turnover ratio?
LeBron James has assisted on 10,045 baskets in his career.NAMESEASONTPGLeBron James2016-174.1LeBron James2017-184.2LeBron James2018-193.6LeBron James2019-2013 more rows
What is Steph Curry assist to turnover ratio?
2.25Combining his assists with his turnovers, Curry has an assist-to-turnover ratio of 2.25, which ranks him 35th among point guards.
Where does LeBron James rank in turnovers?
NBA/ABARankPlayerTOV1.LeBron James47882.Karl Malone*45243.Moses Malone*42644.John Stockton*4244138 more rows
Who has the best +/- in the NBA?
NBA/ABARankPlayerBPM1.Michael Jordan*9.212.Nikola Jokić8.903.LeBron James8.864.Magic Johnson*7.54146 more rows
Is +/- a good NBA stat?
Plus/minus captures the impact of great defense, selfless offense and every other hidden contribution that can change the course of a game. So what's the issue? Well, a player's plus/minus score bounces around a lot from night to night, so you can't use it to evaluate a guy after just a few appearances.
What is the most important NBA stat?
True shooting percentage (TS%) This statistic is very important in modern basketball, as it doesn't only give importance to the three-point shot, but it also includes the most efficient shot in basketball: free-throws. This stat benefits players who have good percentages from the line and get fouled more frequent.
What was John Stockton's assist-to-turnover ratio?
Stockton also boasts a career assists to turnover ratio of about 3.72, which has only been barely beaten by Chris Paul (who has struggled with injuries in the latter part of his career and simply didn't play the games to decline with age as Stockton did).
Which player has the least turnovers in NBA history?
Louie Dampier has the fewest career turnovers per game by a Hall of Famer with 0.9 per game.
Is LeBRON top 5 in assists?
*Active players are in CAPS....NBA History - Assists Leaders.Assists LeadersRKPLAYERAST5Mark Jackson10,3346Magic Johnson10,1417LeBRON JAMES10,04522 more rows
Why is asset turnover ratio higher?
The higher the asset turnover ratio, the better the company is performing, since higher ratios imply that the company is generating more revenue per dollar of assets. The asset turnover ratio tends to be higher for companies in certain sectors than in others.
What does it mean when a company has a low asset turnover ratio?
Conversely, if a company has a low asset turnover ratio, it indicates it is not efficiently using its assets to generate sales.
What is fixed asset turnover ratio?
While the asset turnover ratio considers average total assets in the denominator, the fixed asset turnover ratio looks at only fixed assets. The fixed asset turnover ratio (FAT) is, in general, used by analysts to measure operating performance. This efficiency ratio compares net sales (income statement) to fixed assets (balance sheet) and measures a company's ability to generate net sales from its fixed-asset investments, namely property, plant, and equipment (PP&E). The fixed asset balance is used net of accumulated depreciation. Depreciation is the allocation of the cost of a fixed asset, which is spread out—or expensed—each year throughout the asset's useful life. Typically, a higher fixed asset turnover ratio indicates that a company has more effectively utilized its investment in fixed assets to generate revenue.
What is asset turnover?
Asset turnover is the ratio of total sales or revenue to average assets. This metric helps investors understand how effectively companies are using their assets to generate sales. Investors use the asset turnover ratio to compare similar companies in the same sector or group.
Why is a higher ratio better?
Generally, a higher ratio is favored because it implies that the company is efficient in generating sales or revenues from its asset base. A lower ratio indicates that a company is not using its assets efficiently and may have internal problems.
Which sector has the highest average asset turnover ratio?
Retail and consumer staples, for example, have relatively small asset bases but have high sales volume—thus, they have the highest average asset turnover ratio. Conversely, firms in sectors such as utilities and real estate have large asset bases and low asset turnover.
What does low turnover mean in Target?
Furthermore, its low turnover may also mean that the company has lax collection methods. The firm's collection period may be too long, leading to higher accounts receivable.
Why is asset turnover ratio higher?
A higher ratio is favorable, as it indicates a more efficient use of assets. Conversely, a lower ratio indicates the company is not using its assets as efficiently. This might be due to excess production capacity, poor collection methods, or poor inventory management. The benchmark asset turnover ratio can vary greatly depending on the industry.
What is benchmark asset turnover ratio?
The benchmark asset turnover ratio can vary greatly depending on the industry. Industries with low profit margins tend to generate a higher ratio and capital-intensive industries tend to report a lower ratio.
Why is a higher ratio favorable?
A higher ratio is generally favorable, as it indicates an efficient use of assets.
What does it mean to turn over in the NBA?
A turnover occurs when a player loses possession of the ball to the other team before taking a shot.
What exactly is an assist?
An assist is a term used in basketball to describe a player who throws the ball to a teammate in such a way that it results in a field goal, signifying that they “aided” in the basket. The passer may get an assist even if the player who receives the pass makes a basket after dribbling the ball.
In basketball, is it advantageous to have a turnover?
Careless errors may be fatal, and they often keep coaches up at night thinking about them. You’ve probably figured out by now that turnovers aren’t good. Turnovers are bad in any sport, not just basketball, and in many cases, they may cost a team the game.
Are turnovers advantageous?
Turnovers often lead to high-percentage fast-break baskets for your opponent, putting you in foul danger. Steals and other live ball turnovers often catch your defense off guard, leading to easy baskets or irritating fouls. Giving the ball to the other team is the fastest way to lose momentum.
What is a turnover in NBA 2K20?
In basketball, a turnover occurs when a team loses possession of the ball to the opposing team before a player takes a shot towards the team’s hoop. A point guard may have the most turnovers since they are usually the one who handles the ball the most for his team.
What is a decent assist-to-turnover ratio in college basketball?
According to Boyle, point guards should strive for a 3-to-1 assist-to-turnover ratio. Boyle observed, “If you accomplish that, you’re playing at a top level.” “However, if it’s bad, you’re putting the team in jeopardy. “It basically comes down to a player making good decisions on the court,” he added.
What is the assist-to-turnover ratio, exactly?
What is the Assist to Turnover Ratio and what does it mean? The assist to turnover ratio compares the number of assists a player has to the number of turnovers he or she has. … A player with better ball control is likely to have more assists (point-scoring passes) and fewer mistakes (the number of times they drop the ball).
What is a turnover ratio?
The ratio measures the ability of an organization to efficiently produce sales, and is typically used by third parties to evaluate the operations of a business. Ideally, a company with a high total asset turnover ratio can operate with fewer assets than a less efficient competitor, and so requires less debt and equity to operate.
Which is better, return on assets or total asset turnover?
In general, the return on assets measure is better than the total asset turnover ratio, since it places the emphasis on profits, rather than sales.
Why is it important to plot a ratio on a trend line?
It is best to plot the ratio on a trend line, to spot significant changes over time. Also, compare it to the same ratio for competitors, which can indicate which other companies are being more efficient in wringing more sales from their assets.
Why is ratio important?
The ratio is only useful in the more capital-intensive industries, usually involving the production of goods. A services industry typically has a far smaller asset base, which makes the ratio less relevant. A company may have chosen to outsource its production facilities, in which case it has a much lower asset base than its competitors.
Practical Example
Comparisons of Ratios
- Consider four hypothetical companies: Company A, Company B, Company C, and Company D. Companies A and B operate in the fast-food industry, while companies C and D operate in the telecommunications industry: The asset turnover ratio for each company is calculated as net sales divided by average total assets. Ratio comparisons across markedly different industries d…
Interpretation of The Asset Turnover Ratio
- The ratio measures the efficiency of how well a company uses assets to produce sales. A higher ratio is favorable, as it indicates a more efficient use of assets. Conversely, a lower ratio indicates the company is not using its assets as efficiently. This might be due to excess production capacity, poor collection methods, or poor inventory management. The benchmark asset turnov…
Key Takeaways
- The asset turnover ratio measures is an efficiency ratio that measures how profitably a company uses its assets to produce sales.
- Comparing the ratios of companies in different industries is not appropriate, as industries vary in capital intensiveness.
- A higher ratio is generally favorable, as it indicates an efficient use of assets.
- The asset turnover ratio measures is an efficiency ratio that measures how profitably a company uses its assets to produce sales.
- Comparing the ratios of companies in different industries is not appropriate, as industries vary in capital intensiveness.
- A higher ratio is generally favorable, as it indicates an efficient use of assets.
- A lower ratio indicates poor efficiency, which may be due to poor utilization of fixed assets, poor collection methods, or poor inventory management.
Video Explanation of Asset Turnover Ratio
- Watch this short video to quickly understand the definition, formula, and application of this financial metric.
Additional Resources
- Thank you for reading CFI’s guide to the asset turnover ratio. To help you advance your career in the financial services industry, check out the following additional CFI resources: 1. Current AssetsCurrent AssetsCurrent assets are all assets that a company expects to convert to cash within one year. They are commonly used to measure the liquidity of a 2. Analysis of Financial St…