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Bookmark or Share- What Is Turnover in Business, and Why Is It Important? - InvestopediaTurnover is an accounting concept that measures how quickly a business either collects cash from accounts receivable or sells its inventory. Learn why it matters.
- What is business turnover and how do you calculate it?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.
- TURNOVER | English meaning - Cambridge DictionaryTURNOVER definition: 1. the amount of business that a company does in a period of time: 2. the rate at which employees…. Learn more.
- Revenue vs. Turnover: Key Differences (With Examples)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.
- What is Turnover? Definition and Example - Market Business News“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.”
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