Fixed Asset turnover The fixed a revenues. sset turnover ratio shows how efficiently the fixed assets are used to generate Compute the fixed asset turnover ratio for the current year and for the previous year. e following amounts (from the notes and/or financial statement. You will most likely Collect th need to look at the previous year's statements to get values from 2 years ago Item Current year Previous year 2 yrs ago Net Fixed Assets Revenue Fixed Asset Turnover Average Net Fixed Assets Current Year Previous year times times How did the fixed asset turnover change from the previous year to the current year? Fixed Asset turnover The fixed a revenues. sset turnover ratio shows how efficiently the fixed assets are used to generate Compute the fixed asset turnover ratio for the current year and for the previous year. e following amounts (from the notes and/or financial statement. You will most likely Collect th need to look at the previous year's statements to get values from 2 years ago Item Current year Previous year 2 yrs ago Net Fixed Assets Revenue Fixed Asset Turnover Average Net Fixed Assets Current Year Previous year times times How did the fixed asset turnover change from the previous year to the current year