what is the meaning of turnover?

Answer 1

Turnover is the term used to describe how often employees leave. If the turnover rate is high then that's a bad thing because it means new employees don't stay on the job for very long.

Answer 2

Turnover is a term, normally use to measure the rate of replacing or supply something:
For example in a warehouse "turnover is the number of times you cycle the inventory of some parts specially the ones with more volume or expensive so the business stay healthy."
Employees, the rate of rotation of people leaving the company.
Other uses are like changing the profitability of a business from bankruptcy to profitable.
Change the direction of a team from low to high performance.
Finally normally changing something from negative to positive results.

Answer 3

I'm not sure what you mean, but as this is in the finance section, I will tell you what I know about that. Turnover means to buy something and sell it quickly again, often without changing or doing anything with or to it, to make a quick profit. For example, if I buy a house for $40,000 and a month later sell it to you for $50,000 then I have turned it over.
This is my understanding, and I stand to be corrected by others?

Answer 4

(m)

Turnover is the number of times that an average inventory of goods is sold during a fiscal year or some designated period. Care must be taken to ensure that the average inventory and net sales are both reduced to the same denominator; that is, divide inventory at cost into sales at cost or divide inventory at selling price into sales at selling price. Do not mix cost price with selling price. The turnover, when accurately computed, is one measure of the efficiency of a business.

Answer 5

A fruit filled pastry, or the amount of times a table at a restaurant can seat a different patron or how often a business completely changes stock ownership or personnel.

Answer 6

It can also means the amount of money made by the company without subtracting the overheads, workers pay, rental, etc.

Answer 7

The frequency at which employees come & go (are hired and are subsequently self- or employer-terminated).