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turnover

/ˈtəːnˌəʊvə/

noun
- 1. the amount of money taken by a business in a particular period: "a turnover approaching £4 million" Similar (gross) revenueincomeyieldvolume of businessbusinesssales
- 2. the rate at which employees leave a workforce and are replaced: "high staff turnover left the program with too many young instructors" Similar rate of replacementcoming and goingchangemovement
- ▪ the rate at which goods are sold and replaced in a shop. Similar throughputrate of buying and sellingmovement
- 3. a small pie made by folding a piece of pastry over on itself to enclose a sweet filling: "an apple turnover"
- 4. (in a game) a loss of possession of the ball to the opposing team: North American "the team were sitting on their lead and taking care to avoid turnovers"
Scrabble Points: 11
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What is the difference between revenue and turnover?
The only time turnover is different from revenue is when a company has multiple revenue streams, such as from investments or interest income. In such cases, turnover would only include the primary sources of revenue. Profit is the amount of money that remains after all expenses are subtracted from turnover.

What is Turnover? | DealHub

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How do you calculate turnover rate?
Next, use your average number of employees to calculate your turnover rate. To do so, divide the number of employees who left by your average number of employees. Then multiply that answer by 100 to get your turnover rate percentage.

Employee Turnover Rate: Definition & Calculation - Forbes

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What is the difference between turnover and profit?
Turnover is how quickly a company has sold its inventory, collected payments compared with sales, or replaced assets over a specific period. Generally speaking, turnover looks at the speed and efficiency of a company’s operations. Profit looks at how much money the company makes after expenses.

What Is Turnover in Business, and Why Is It Important? - Investopedia

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What is turnover in accounting?
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.

Turnover definition — AccountingTools

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What is annual turnover?
Here's a quick explainer. So, what exactly is annual turnover? Annual turnover usually refers to the total income made by a business over a year. It's sometimes also called ' gross revenue ' or 'total sales'. Keep in mind there are some other definitions of annual turnover that don't refer directly to sales.

What is annual turnover? Meaning and how to calculate it - QuickBooks

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What does turnover mean in investing?
In this context, turnover measures the percentage of an investment portfolio that is sold in a set period. For instance, assume a mutual fund has $100 million in assets under management, and the portfolio manager sells $20 million in securities during the year. The rate of turnover is $20 million divided by $100 million, or 20%.

What Is Turnover in Business, and Why Is It Important? - Investopedia

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www.investopedia.com › terms › tWhat Is Turnover in Business, and Why Is It Important?

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Jun 5, 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.
- Annual Turnover
  Annual turnover is the percentage rate at which a mutual...
- Portfolio Turnover
  Portfolio turnover is a measure of how frequently assets...
- Accounts Payable Turnover
  Accounts Payable Turnover Ratio: The accounts payable...
- Turnover Ratios
  Turnover Ratio: The turnover ratio is the percentage of a...
- Overall Turnover
  Overall turnover is a synonym for total revenues, commonly...
- Working Capital Turnover
  Working capital turnover is a measurement comparing the...
- What Do Efficiency Ratios Measure
  The sales for the period were $300,000, so the receivable...
quickbooks.intuit.com › what-is-annual-turnoverWhat is Annual Turnover? Meaning and how to calculate it

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Jun 5, 2024 · Annual turnover is the total income made by a business over a year, also known as gross revenue or total sales. Learn why it's important, how to calculate it, and how to compare it with profit and other metrics.
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www.myob.com › guides › accountingAnnual turnover: What it is and how to calculate with examples

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Jun 18, 2024 · To calculate your annual business turnover, add your total sales from all 12 months in the last financial year. If you’re a product-based business, this means the total money you received from the products you sold. Likewise, for a service-based company, your turnover is the total amount you charged for these services.
dealhub.io › glossary › turnoverWhat is Turnover? | DealHub

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Jun 6, 2024 · In business, “turnover” primarily refers to the total revenue generated by a company from its core business activities, such as sales of goods and services, over a specific period. High turnover is a positive sign for a business, as it indicates strong sales and demand for its products or services.
in.indeed.com › what-is-turnoverWhat Is Turnover And Why Is It Important In Business? - Indeed

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Jun 20, 2024 · Turnover is the total amount of sales that a business generates in an accounting period. Learn about the different types of turnover, such as accounts receivable, inventory and employee turnover, and how they affect the profitability and performance of a business.
www.accountingtools.com › articles › turnoverTurnover definition — AccountingTools

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Jun 2, 2024 · 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.
www.forbes.com › business › employee-turnover-rateEmployee Turnover Rate: Definition & Calculation - Forbes

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Jun 3, 2024 · Employee turnover rate is the percentage of employees that leave your organization during a given time period. Learn how to calculate it, why it matters, and how to analyze it for your business.