This ratio gives information about the necessity of the mat fixed assets. In other words, it shows if there is any idle capacity investment.

The higher the value the better.

Calculation:

Mat Fixed Asset Turnover = Net Sales TTM / Average Mat Fixed Assets

Net Sales TTM is calculated by summing the Sales values of the selected quarter and the previous 3 quarters.

Average Mat Fixed Assetsis the average of the Mat Fixed Assets values of the selected quarter and the previous 3 quarters.