turnover

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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 ?
Both of the Knights' second-half turnovers on Friday night led to touchdowns for the Jackrabbits.
However, financial economic research has primarily focused on the factors that impact the likelihood of CEO turnover (e.
Figure 1 illustrates that turnover may be 6 percent in one month and jump to 11 percent in the third month.
The study comprehensively examines the linkages between CEO tenure and corporate performance, comparing CEO turnover in major regions and in specific industry sectors.
Those turnovers led to three field goals for Oregon State, a key stat when you lose by two points.
He had three assists and no turnovers in 17 minutes Saturday.
CEO turnover is accelerating faster in Asia and Europe than in North America, the study found.
The Antelopes forced five turnovers - all in a 42-point fourth quarter - in Thursday's 49-10 victory over Littlerock.
But committing four turnovers and winning is nearly impossible for a very good team, so for an average-at-best squad like UCLA, losing the turnover battle 4-0 makes it almost impossible.
But CSUN had just four turnovers in the second half, played good defense, outscored Montana 42-26, and was sparked by a career-high eight points - all at the free-throw line - by senior walk-on Michael Scott.
The turnovers seemed never-ending until the final 5:58, the point after which the Sparks didn't commit any.