When it comes to all things business, turnover represents the rate at which any asset is replaced or revolved during a certain time period. In terms of assets such as inventory, raw materials and cash, the accounting period is normally used as the timetable. In terms of human resources or employees, however, a revolving 12-month period is often used to calculate turnover.Know More
Turnover can be positive or negative, depending on the assets in question. For example, when inventory turns over quickly, there may be less waste due to spoilage. A high turnover rate also means that a company is selling more product, which equals more profit. However, when it comes to employees, a high turnover rate can point to poor management and an unhappy workforce.
Turnover is a term used in the financial world as well. In this sense, turnover represents the volume or value of shares traded on the stock market during any given period. On a more individual level, turnover can represent the number of times a trade is made within a single portfolio. If there are too many trades made within a certain period, a broker can be accused of "churning," which is a process that generates more commission for the broker.Learn More
According to EPB Electric Power, an electricity bill is calculated by taking the total kilowatt hours, or kWh, consumed and multiplying it by the rate. The rate takes into consideration the fuel cost adjustment and residential electricity rate. The result is then added to the monthly flat charge that is uniformly applicable to all customers to get the monthly electricity charge.Full Answer >
Hilton Hotels is a brand owned by Hilton Worldwide Holdings Incorporated, an international hospitality company. As of 2010, the full name of the brand is Hilton Hotels and Resorts.Full Answer >
According to Forbes, Starbucks has a market cap of $55.94 billion, as of May 2014. Investopedia states that the market cap is the figure the investment community uses in determining the size of a company.Full Answer >
Bath and Body Works is a retail store that specializes in body care products. The stores sell items like body washes and gels, liquid and bar soaps, hand sanitizers, lotions, and fragrances for men and women. The stores also carry a children's line of body care products.Full Answer >