Быстрый ответ:What Is Turnover With Example?

What is another word for turnover?

What is another word for turnover?businessrevenueyieldgross revenueoutturnproductivitysalesvolumeincomingstakings115 more rows.

What does turnover time mean?

Turnover time refers to the period of time during which certain materials remain within a particular system. … The time during which any one protein molecule survives unchanged in the body is called the turnover time for that molecule. Each component of an environmental system also has a turnover time.

What is annual turnover?

Annual turnover is the percentage rate at which a mutual fund or an exchange-traded fund (ETF) replaces its investment holdings on a yearly basis. … The figure is useful to determine how actively the fund changes the underlying positions in its holdings.

How do you calculate monthly turnover?

The formula for calculating turnover on a monthly basis is figured by taking the number of separations during a month divided by the average number of employees on the payroll . Multiply the result by 100 and the resulting figure is the monthly turnover rate.

What does it mean to turn over something?

to give something or someone that you control to someone else: Eventually he turned over control of the company to his son.

What is turnover of company?

Turnover can mean the rate at which inventory or assets of a business “turn over” a.k.a sell or exceed their useful life. It can also refer to the rate at which employees leave a business. But turnover in accounting is how much a business makes in sales during a period.

How is turnover calculated?

The employee turnover rate is calculated by dividing the number of employees who left the company by the average number of employees in a certain period in time. This number is then multiplied by 100 to get a percentage.

How do you use turnover in a sentence?

The total turnover of goods sold and “ordered” amounts to nearly 362 millions sterling annually. The fruit industry is of considerable importance and by 1905 had reached a turnover of over £ioo,000 a year. He was reluctant to invest in a venture that has a slow turnover.

What is sales turnover?

Category: Sales. To start with, sales turnover accounts for the total revenue a business generates during a given timeframe. Essentially, this ratio is genuinely useful for all types of businesses, allowing them to track sales trends through numerous measurement periods.

Is it turn over or turnover?

The act or fact of turning over: preventing the turnover of vehicles in accidents. An abrupt change or transfer, as of power or ownership.

What is turnover of a company with example?

Your turnover is your total business income during a set period of time – in other words, the net sales figure. … For example, ‘turnover’ can also mean the number of employees that leave a business within a specific period, also sometimes known as ‘churn’.

Where is turnover in accounts?

Turnover is usually the top line of a business’s profit and loss account, which starts with its income. If a business is registered for VAT then its turnover will be its sales without VAT, because the VAT element is not money the business has earned and will keep; it is money that has to be paid over to HMRC.

What is a turnover ratio?

The turnover ratio or turnover rate is the percentage of a mutual fund or other portfolio’s holdings that have been replaced in a given year (calendar year or whichever 12-month period represents the fund’s fiscal year). … The ratio seeks to reflect the proportion of stocks that have changed in one year.

Is turnover and net sales the same?

Sales turnover represents the value of total sales provided to customers during a specified time period, which is usually one year. … The term is often just referred to as sales or net sales, which means revenues without VAT.

Is turnover a revenue?

In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers. Revenue is also referred to as sales or turnover. … This is to be contrasted with the “bottom line” which denotes net income (gross revenues minus total expenses).