Turnover - Business

Business

  • Turnover is sometimes a synonym for revenue (or in certain contexts, sales), especially in European and South African usage

Services sold by a company during a particular period of time.

  • Turnover is sometimes the name for a measure of how quickly inventory is sold (inventory turnover). A high turnover means that goods are sold quickly, while a low turnover means that goods are sold more slowly.
    • Asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company.
  • Turnover (employment), relative rate at which an employer gains and loses staff, especially in North American usage
  • Customer turnover, the rate at which a business loses customers, sometimes called the churn

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Famous quotes containing the word business:

    “The simple opposition between the people and big business has disappeared because the people themselves have become so deeply involved in big business.”
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