Chester has an asset turnover of 1.63 (Asset Turnover = Sales/Assets). That means
Each $1.00 of assets in the firm generates $1.63 of sales revenue.
Every $1.63 of assets in the firm generates $1.00 of sales.
Every $1.63 of profit in the firm comes from each $1.00 of sales.
Every $1.00 of assets in the firm generates $1.63 of profit.