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Bookmark or Share- What is Turnover? Definition and Example - Market Business NewsDefinition and Example. The total amount of sales your company makes over a set period is its Turnover, which is also known as gross revenue or income. If you have a bicycle shop which sold $500,000 worth of bikes and spare parts last year, you could say, “My bike shop had a turnover of $500,000 last year.”.
- 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.
- Turnover Definition & Meaning - Merriam-WebsterThe meaning of TURNOVER is the amount received in sales for a stated period. How to use turnover in a sentence.
- 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 Company Turnover & How Do You Calculate It?Turnover is a measure of how much money your company is bringing in while profit is a measure of how much money your company is keeping. Turnover is a lagging indicator, which means it tells you how your company has performed in the past.
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