Annual turnover is the percentage rate at which a mutual fund or exchange-traded fund replaces its investment holdings on an annual basis.
The meaning of TURNOVER is the amount received in sales for a stated period. How to use turnover in a sentence.
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.
What Is Overall Turnover? Overall turnover is a synonym for a company’s total revenues. It is a term that is most commonly used in Europe and Asia.
turnover. noun. /ˈtɜːnəʊvə (r)/. /ˈtɜːrnəʊvər/. [countable, usually singular, uncountable] turnover (of something) the total amount of goods or services sold by a company during a particular period of time. an annual turnover of $75 million.
Company turnover is the total revenue generated by a business in a specific period of time, usually one year. It is sometimes referred to as “sales volume,” “income” or “gross revenue” with all terms meaning more or less the same thing. Many new business owners misunderstand the meaning of turnover, thinking it is the same as profit.
4 minutes. What is Turnover? Turnover is the total value of a business’s sales over a set period of time. This figure can be used to provide insights into how quickly...
Annual turnover is the total income your business makes over one financial year. It's also known as gross revenue or total sales. It combines all the money you've received from selling products or services over a year. Why is annual business turnover important?
By understanding why staff leave an organisation, employers can devise initiatives that reduce turnover and increase employee retention. This factsheet looks at turnover patterns in the UK and when turnover becomes problematic. It outlines how to measure turnover and the cost of losing employees.
What is the definition of turnover? Also known as income or gross revenue, turnover is the total amount of sales you make over a set period. This could be weekly, monthly, quarterly or annual turnover - whatever time period you choose to measure.
Revenue and turnover are financial values that relate to a company's ability to earn money. Although these terms often describe similar ideas and can be interchangeable in some contexts, there are important differences in meaning and function.
TURNOVER meaning: 1. the amount of business that a company does in a period of time: 2. the rate at which employees…. Learn more.
The average turnover - or churn - for UK workers is 34%. This splits into 27.4% who move to a new employer and 6.6% who are not working one year later (year 2), which could be due to study, retirement or long-term sickness, for example.
Put simply, turnover is the total amount of money your business receives from the sale of goods and services – minus discounts and VAT. Turnover is calculated over a specific period of time, usually a quarter or financial year.
In business, annual turnover is the complete sum of sales made by a business in a year, referring more specifically to the total amount of money received on products or services. Annual turnover is also referred to as income or gross revenue.
Turnover is an accounting concept that calculates how quickly a business conducts its operations. The most common measures of corporate turnover look at accounts receivable and inventories.
Also referred to as simply “income” or “ gross revenue,” business turnover is the complete sum of sales made over a given period. Whereas profit measures overall earnings, turnover measures everything that’s actually coming into your business on the top line before expenses have been deducted.
Turnover is the total sales made by a business in a certain period. It’s sometimes referred to as ‘gross revenue’ or ‘income’. This is different to profit, which is a measure of earnings. It’s an important measure of your business’s performance.
Turnover is one key indicator and profit another although the two are not to be confused. This quick guide explains exactly what turnover is, why it matters, and how to differentiate it from profit.
Turnover is the money received from sales. When it goes up, it means you’re bringing in more revenue. When it goes down, you’re bringing in less. Turnover is not your profit, however. You need to pay your production costs and general business expenses out of your turnover before arriving at a profit.
The turnover of a company is the value of the goods or services sold during a particular period of time. Her annual turnover is around £45,000. The turnover of people in an organization or place is the rate at which people leave and are replaced. Short-term contracts increase staff turnover.
TURNOVER definition: 1. the amount of business that a company does in a period of time: 2. the rate at which employees…. Learn more.