Apr 20, 2025 · Turnover is an accounting concept that measures how quickly a business either collects cash from accounts receivable or sells its inventory. Learn why it matters.

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 …

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, …

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 …

Jan 5, 2024 · In other words, think of turnover as the amount you invoice your customers for the sale of products or delivery of services, minus any discounts and VAT. You may also hear it …

Mar 21, 2025 · Turnover is the rate at which an asset is replaced during a measurement period. The term is most commonly used in accounting, and refers primarily to the turnover of …

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. …

Jun 6, 2025 · In this article, we define turnover, explain how to determine a company's turnover and discuss how turnover differs from profit. What is turnover? Turnover is the amount of net …

Definition of Turnover. 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 …

Mar 19, 2025 · In business, turnover refers to the total sales revenue made by a company over a specific period of time, such as a tax year. The turnover figure can help you measure a …