Even with the sound on, you never hear television pundits talking about asset-turn. That is a shame because the ratio is key to understanding these annoyingly indecisive bond and equity markets. To be fair, it is not a widely known term. Worse, it could mean anything and is written inversely to how it is calculated (revenues divided by assets). Asset-turn is also hard to conceptualise.
就算不把电视静音，你也从来不会听到电视上的专家讨论资产周转率。这是一件憾事，因为这个比率是理解令人恼火的摇摆不定的债市和股市的关键。平心而论，这并不是一个广为人知的术语。更糟的是，它可能有很多含义，而计算方法（收入除以资产）又似乎反直觉。资产周转率也很难概念化。
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