Fixed Asset Turnover

Fixed asset turnover is the ratio of sales (on your Profit and loss account) to the value of your fixed assets (on your balance sheet). It indicates how well your business is using its fixed assets to generate sales.Generally speaking, the higher the ratio, the better, because a high ratio indicates your business has less money tied up in fixed assets for each dollar of sales revenue. A declining ratio may indicate that you've over-invested in plant, equipment, or other fixed assets.
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a control ratio. This reflects the capital intensity of a business. Changes over time reflect whether or not management is becoming more or less efficient in is use of fixed assets; sales divided by net fixed asstes (where net fixed assets are property, plant and equipment.)