
What Is Turnover in Business, and Why Is It Important?
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.
TURNOVER Definition & Meaning - Merriam-Webster
The meaning of TURNOVER is the amount received in sales for a stated period. How to use turnover in a sentence.
Turnover definition — AccountingTools
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.
TURNOVER | definition in the Cambridge English Dictionary
TURNOVER meaning: 1. the amount of business that a company does in a period of time: 2. the rate at which employees…. Learn more.
What Is Turnover? | Indeed.com
Dec 15, 2025 · Turnover is the amount of net sales a business generates within a certain period of time. Net sales, as opposed to gross sales, refers to the amount made by the business after …
Business Turnover: Meaning and Definition Guide - Accounti
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 …
Business Turnover Guide for SMBs | QuickBooks Global
Apr 29, 2022 · One of the most commonly used meanings of turnover is total sales made by a business over a certain period. For example, the annual turnover is the total income made by …
Turnover Definition & Meaning | Britannica Dictionary
TURNOVER meaning: 1 : the amount of money that is received in sales by a store or company usually singular; 2 : the rate at which people leave a place, company, etc., and are replaced by …
What is turnover? - AccountingCoach
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 …
Business Turnover: What It Is, How to Calculate, Types
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, …