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Feb 16, 2024 · Turnover is how quickly a company replaces assets, collects payments, or sells inventory. Learn about different types of turnover ratios, such as accounts receivable, inventory, portfolio, and asset turnover, and why they matter for business efficiency and performance.
- Will Kenton
- 2 min
Learn the various meanings and uses of the word turnover as a noun, adjective, and verb. See synonyms, examples, word history, and related entries for turnover.
Oct 12, 2022 · Learn how to calculate employee turnover rate and what it indicates about your organization's work culture, hiring policies and employee management. Find out the difference between voluntary and involuntary turnover, and how to analyze your turnover rate compared to industry standards.
- How good or how bad the turnover rate you have calculated depends upon your industry. So you should compare the figure with those of your competito...
- A high turnover rate shows that you are not engaging with the employees well. Your human resources department needs to design policies and develop...
- A low turnover rate implies that your employees are engaged, satisfied and motivated enough to be with you for a long time. It also means that your...
Learn the meaning of turnover in English, with examples of how to use it in different contexts. Find out how turnover relates to business, accounting, finance, commerce and more.
Dec 9, 2022 · Learn what turnover means in business accounting and how to calculate it. Find out the different types of turnover and how they relate to profit, cash flow and performance.
Jan 26, 2023 · Overall turnover is a term for a company's total revenues, especially in Europe and Asia. Learn how it works, how it differs from revenue or sales, and how it is used in financial ratios to measure efficiency and profitability.
Learn how to measure your company's turnover rate, the percentage of employees who left over a certain period of time. Find out why turnover rate is important, how to interpret it and what factors affect it.
