What is turnover in business?

Answer

Business turnover is the total sales of a company over a stated period. It can also mean the number of shares of stock sold on the market throughout a given time frame. Most people usually confuse turnover to be profit.
4 Additional Answers
Business turnover refers to the quantity of business transacted during a given period of time or the amount of shares of stock sold on the market throughout a given time frame.
A business turnover is a measure of the total trading activity sales of a company during the previous year or stated period, expressed as a percentage of the average total assets of the fund.
Business turnover is a term used to refer to the measure of how quickly inventory is sold. A high turnover means goods are sold quickly while a low turnover means that goods are sold more slowly. The term can also be used as a synonym for revenue.
Turnover in business refers to the total sales of a company over a particular period of time. Its a measure of hoe quickly inventory is sold, where a low turnover will mean that goods are moving slowly. In reference to employee turnover, it refers to the relative rate at which an a employer losses or gains staff.
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Turnover refers to the volume of a business over a specified period of time. It also refers to the ratio of workers that have been replaced to the average number ...
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