An activity ratio that shows how intensively the company's assets are being used. The ratio is calculated as follows:
Sales (Net) (v1030.00)
Net Fixed Assets (v2200.00)
The Fixed Asset Turnover (v6080.00) is dependent on the fixed capital intensity of your industry. Net Fixed Assets (v2200) is based on historical costs and depreciation policy.
A high Fixed Asset Turnover (v6080.00) ratio does not mean you could buy replacement assets today and achieve the same efficiency. A better measure of fixed capital intensity is the Incremental Fixed Capital Investment (F) ratio (v6185), which measures the investment in fixed capital required to support a $1 increase in sales.