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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John Marr, secretary of the GMB union's Scottish Ambulance branch, blamed a combination of more people dialling 999 for non-emergencies, a lack of staff at hospitals and the centralisation of A&E services for the increased turnaround times.
Visit http://www.scribendi.com to take advantage of the new four-hour turnaround times and gain the peace of mind of knowing that your documents will be clear, error-free, and professional within hours.
The turnaround time of a truck picking up or dropping off its cargo from or at a container terminal is calculated over two time periods: the waiting period of a truck outside the port gate before entering the port and the time spent by a truck inside the port from entry gate to exit gate.
As mega-container ships replace smaller vessels, port productivity, turnaround times and throughput time for containers are important metrics for carriers and trade customers in order to realise significant cost savings, a report said.
The best-performing hospital in the region was Llandough Hospital, which recorded an average turnaround time of 30 minutes.
Mr Neelsen said several steps have also been taken to ensure the average turnaround time for trucks is reduced by a maximum of 30 minutes.
The turnaround time includes handing over patients to hospital staff, and cleaning and restocking ambulances where necessary.
31 -- Customer expectations are increasing regarding turnaround time for service initiation and after-service vehicle pick-up in India, resulting in greater pressure on the infrastructure of dealer networks, according to the J.D.
This enhancement allows labs to quickly respond to unpredictable changes in workflow, improving test turnaround time and reducing stress associated with day-to-day laboratory variability.
Wells Fargo completed the 221(d)(4) two-stage processing in eight months, which the company said "is a quick turnaround time when compared to similar closings."
Some providers can guarantee a consistent turnaround time <30 minutes.
"Our fast turnaround time can help our clients keep up with the ever-changing market," remarks Provenzano.