What is turnover?

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Turnover is an accounting term that calculates how quickly a business collects cash from accounts receivable or how fast the company sells its inventory.

In the investment industry, turnover is defined as the percentage of a portfolio that is sold in a particular month or year. A quick turnover rate generates more commissions for trades placed by a broker.

Receivables turnover ratio is an accounting measure used to quantify a firm's effectiveness in extending credit and in collecting debts on that credit. more

Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period. more

Overall turnover is a term commonly used in Europe and Asia to refer to a company's total revenues. more

Activity ratios measure a firm's ability to convert different accounts within its balance sheets into cash or sales. more

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In today’s highly dynamic commercial work

but in the end its like The accounts payable turnover ratio is a method of quantifying the rate at which a company pays off its suppliers.

You just do pon your work

it is becoming a challenge for jobseekers

find jobs that best fit their personality

1. Accounting: (1) The annual sales volume net of all discounts and sales taxes.


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and for employers to hire the right people?

who can do the job and also integrate well into the company culture

Failure to overcome this issue can be resulted in high turnover of employees.

Employee turnover is a part of normal business activity?

whereby employees come and go as their life situations change.

Most employers realize this and, indeed, large firms typically

have entire departments devoted to the management of human resources.

order to make the transition as easy as possible for both management and employee

minimize the associated hiring and training costs.

Employee turnover is a ratio comparison of the number of employees ?