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.

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

Oct 6, 2022 · 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, …

1 day ago · Turnover rates tend to vary wildly across industries due to factors such as the nature of the work, economic conditions, and employment structures. In the U.S., certain industries, such as …

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) …

Dec 12, 2025 · Turnover is the rate at which an asset is replaced during a measurement period. The term is most commonly used in accounting.

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.

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 …

Dec 9, 2022 · “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.