Turnover: Difference between revisions
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imported>Doug Williamson m (Spacing 14/8/13) |
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2. The number of times that inventory or other working capital is replaced per annum. | 2. | ||
The number of times that inventory or other working capital is replaced per annum. | |||
Measured for example by the Inventory turnover ratio. | Measured for example by the Inventory turnover ratio. | ||
3. | |||
The rate at which any other key organisational factor is replaced, for example staff. | |||
When staff retention is high, staff turnover is low, and vice versa. | |||
High staff turnover is generally costly for the organisation. | |||
Staff turnover is sometimes known as ''churn''. | |||
== See also == | == See also == | ||
* [[Asset turnover ]] | |||
* [[Churn]] | |||
* [[Income]] | |||
* [[Inventory turnover ]] | |||
* [[Inventory turnover ratio]] | * [[Inventory turnover ratio]] | ||
* [[Non-current asset turnover ]] | |||
* [[Profit]] | |||
* [[Receivables turnover ]] | |||
* [[Retention]] | |||
* [[Return]] | |||
* [[Revenue]] | * [[Revenue]] | ||
* [[Sales]] | |||
* [[Stock turnover ]] | |||
* [[Turnover rent]] | |||
* [[Whole turnover ]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 23:23, 27 February 2024
1.
The total sales for a business, usually expressed on a per annum basis.
2.
The number of times that inventory or other working capital is replaced per annum.
Measured for example by the Inventory turnover ratio.
3.
The rate at which any other key organisational factor is replaced, for example staff.
When staff retention is high, staff turnover is low, and vice versa.
High staff turnover is generally costly for the organisation.
Staff turnover is sometimes known as churn.
