Average turnover rate of fixed assets in medical device industry in recent five years

About 0.85. Although the data of fixed assets in the pharmaceutical industry fluctuated greatly in recent five years, it showed a steady growth trend on the whole, with an average turnover rate of about 0.85. The formula of fixed assets turnover rate is: fixed assets turnover rate = earnings before depreciation of fixed assets ÷ annual average after depreciation of fixed assets.