Jul 14, 2025 · What Is Turnover? Turnover is the pace that a company replaces assets within a certain period. It can include selling inventory, collecting receivables, or replacing employees.

Sep 10, 2024 · Turnover is a term used extensively in business to describe how quickly a company is able to replace or rotate assets within a certain period. It is a multifaceted concept, encompassing …

TURNOVER definition: 1. the amount of business that a company does in a period of time: 2. the rate at which employees…. Learn more.

The meaning of TURNOVER is the amount received in sales for a stated period. How to use turnover in a sentence.

Mar 21, 2025 · Turnover is the rate at which an asset is replaced during a measurement period. The term is most commonly used in accounting.

Nov 1, 2025 · Business turnover refers to the total sales or revenue a company generates within a specific period. It’s a measure of how quickly a business cycles through its sales, commonly …

Turnover definition: What does turnover mean? Turnover refers to the total revenue that a company generates through its normal business activities within a certain period, usually within a financial year …

In accounting, the term turnover can have more than one meaning. In some countries turnover is used in place of sales. Turnover also pertains to certain financial ratios that relate a balance sheet (average) …

“Turnover” is an accounting term that refers specifically to the total sales made by a business over a particular period. This amount—the turnover—will appear on an income statement.

Apr 29, 2022 · One of the most commonly used meanings of turnover is total sales made by a business over a certain period. For example, the annual turnover is the total income made by a business over …