Turnover: Difference between revisions
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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. | ||
Revision as of 11:32, 14 August 2013
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.
