Turnaround time

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Turnaround time

Time available or needed to effect a turnaround.

Turnaround Time

1. The time it takes for share prices that had been declining to begin to improve. For example, if a publicly-traded company has been in a prolonged bear market, but its share price eventually stabilizes and begins to move back up, the turnaround time describes the entire duration of this process.

2. The time it takes for an unprofitable company to begin to become profitable. For example, if a company has been posting losses, but it restructures and becomes profitable, the turnaround time describes the entire duration of this process.

3. In supply chain management, the amount of time between a supplier receiving an order and its delivery to the distributor or customer. This is important for both custom-made products and mass production, and suppliers are expected to know the lead times for their different products. It is particularly important for just-in-time supply chains, in which each step in the supply chain is expected to know precise turnaround time. It is also known as lead time.
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He indicates that the claim processing turn-around time through the month of December was .
Apart from the price, the long turn-around time of the tests has also been a reason to frequently forgo dioxin analyses.
During her tenure, she has created efficient workflow processes that reduced turn-around times and operating costs while increasing overall production by 55 percent.
This allows them to facilitate quick turn-around times to customers.
We deliver higher-quality data and cleaner claims which result in dramatic improvements in turn-around times and processing costs.
Our complex, high-performance designs demand very high quality results and fast turn-around times from our physical design implementation flow," said Greg Buchner, VP of Engineering, ATI Technologies Inc.