What Is Turnover in Business?


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.
Q&A Related to "What Is Turnover in Business"
Annual revenue.
Companies break up debt into two categories: non-self-supporting debt, which is debt that generates no direct revenue, like pension plans; and self-supporting debt, which is debt
G.V. is the oldest boutique and one of the oldest businesses in Palo Alto, estd. 1974. Started on Ramona Avenue as "Aesthetics," and the now Nola space foolishly given up,
Bottom line it means, how often do you turn your inventory over ? Do you sell 3 times the amount of inventory you carry in a year ? Four times ? Or more ?
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.
Explore this Topic
To calculate sales turnover one can add the cost of sales to the gross profit of a business. Turnover is the total value of the sales made within a financial year ...
The business will be affected as the value of all required raw materials like oil, steel and copper increases. This will also have impact on turnover as there ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com