Business
- Turnover is sometimes a synonym for revenue (or in certain contexts, sales), especially in European and South African usage
Services sold by a company during a particular period of time.
- Turnover is sometimes the name for a measure of how quickly inventory is sold (inventory turnover). A high turnover means that goods are sold quickly, while a low turnover means that goods are sold more slowly.
- Asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company.
- Turnover (employment), relative rate at which an employer gains and loses staff, especially in North American usage
- Customer turnover, the rate at which a business loses customers, sometimes called the churn
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Famous quotes containing the word business:
“Being good in business is the most fascinating kind of art.... Making money is art and working is art and good business is the best art.”
—Andy Warhol (1928–1987)
“In leaving the people’s business in their hands, we can not be wrong.”
—Abraham Lincoln (1809–1865)
“In the haunted house no quarter is given: in that respect
It’s very much business as usual. The reductive principle
Is no longer there, or isn’t enforced as much as before.”
—John Ashbery (b. 1927)