Turnover refers to the total revenue generated by a business from sales of goods/services within a period. It can also mean the rate at which inventory, assets, or employees are replaced.
Turnover refers to a company’s total revenue from sales in a period. It can also mean employee attrition (staff leaving) or asset turnover (how efficiently assets generate sales).
Turnover refers to the total revenue a business generates from its activities, typically over a specific period, like a month, quarter, or year. It's essentially the sales income before any expenses, taxes, or deductions are taken into account.
