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Turnover is more frequently used in Europe and Asia, while North Americans tend to stick to "revenue" or "sales". Turnover meaning in business Turnover is the money received from sales.
Turnover definition: What does turnover mean? Turnover refers to the total revenue that a company generates through its normal business activities within a certain period, usually within a financial year (annual turnover) or quarter. This includes the sale of goods, products or services before any costs or expenses are deducted.
Jun 3, 2024 · Employee turnover rate is a good indicator of an organization’s work culture, the effectiveness of hiring policies and overall employee management. An understanding of turnover rate compared to ...
[singular] turnover (of something) the rate at which goods are sold in a shop and replaced by others. a fast turnover of stock [countable] a small pie in the shape of a triangle or half a circle, filled with fruit or jam; See turnover in the Oxford Advanced American Dictionary See turnover in the Oxford Learner's Dictionary of Academic English
Jun 30, 2022 · Annual turnover is the percentage rate at which a mutual fund or an exchange-traded fund (ETF) replaces its investment holdings on an annual basis. Turnover is meant to measure either inflows and ...
Jun 2, 2024 · What is Turnover? Turnover is the rate at which an asset is replaced during a measurement period. The term is most commonly used in accounting, and refers primarily to the turnover of accounts receivable, inventory, and accounts payable - which are the components of working capital.
3 [singular] turnover (of something) the rate at which goods are sold in a store and replaced by others a fast turnover of stock; 4 [countable] a small pie in the shape of a triangle or half a circle, filled with fruit or jelly
