turnover


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Related to turnover: turnover rate, annual turnover

Turnover

For mutual funds, a measure of trading activity during the previous year, expressed as a percentage of the average total assets of the fund. A turnover rate of 25% means that the value of trades represented one-fourth of the assets of the fund. For finance, the number of times a given asset, such as inventory, is replaced during the accounting period, usually a year. For corporate finance, the ratio of annual sales to net worth, representing the extent to which a company can grow without outside capital. For markets, the volume of shares traded as a percent of total shares listed during a specified period, usually a day or a year. For Great Britain, total revenue. Percentage of the total number of shares outstanding of an issue that trades during any given period.

Turnover

1. In accounting, the number of times or the speed at which a company replaces an asset in a given period of time. This usually refers to the amount of time it takes for the company to collect its accounts receivable or the number of times it has to procure new inventory to replace that which it has already sold. Companies desire a fast or high turnover, as this indicates financial health.

2. The number of shares traded in a portfolio over a given period of time, expressed as a percentage of the number of shares in the portfolio. A low turnover means that the portfolio is not being very actively managed; it also means that one's broker is making less in commissions, as he/she is paid per trade. See also: Churning.

turnover

1. The trading volume of the market or of a particular security.
2. The number of times that an asset is replaced during a given period. For example, an inventory turnover of five indicates that the firm's inventory has been turned into sales and has been replaced five times.

turnover

see SALES REVENUE, LABOUR TURNOVER.
References in periodicals archive ?
The average daily trading turnover increased by almost 46 times to $167.
The FBR has received presentations from different sectors that the rate of one percent 'turnover tax' is high in cases where overall turnover of companies is higher.
Geographically, the allocation of the 2005/2006 first quarter turnover is close to that of the first part of the year (January - June 2005).
We examine how contribution to turnover differs across financial institutions.
The combination of a light, wheeling turnover, minimized bouncing, and greater quadriceps flexibility and knee flexion can help you achieve the right stride length and cadence for improved speeds at reduced injury risk, whether you're on an easy recovery run or in the midst of an intense track workout.
Furthermore, the analysis suggests that, as the increasing costs of health benefits crowd out cash wages, turnover rates for top-performing employees increase.
based The Sweet Life's sugary name, the chosen turnover reduction method seems all too appropriate.
To understand why the company's inventory turnover is so far below the peer group, the company needs to:
In addition, many of the gains recognized by funds with high turnover rates are likely to be short-term rather than long-term and, thus, not eligible for the preferential capital gains rate.
Cash inflow from normal operating activities was pounds 786,000 as continued improvements in working capital management and reduced operating costs offset the reduced turnover of the group.
Staff turnover is at its lowest rate for four years, according to figures released yesterday.