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 ?
Over the same period, business turnover declined in both goods-producing and service-providing sectors.
Trends in business turnover across the urban size distribution
Factors that are found to influence turnover intentions in employees directly or indirectly can be grouped in four types as individual variables, organizational variables, external environment and attitudinal variables.
Feeling stressful has been found to be a mediating variable affecting job satisfaction, organizational commitment and intention to leave and also the actual turnover (Bufquin, DiPietro, Orlowski, and Partlow, 2017; Parasuraman, 1989).
The majority of prior research on this subject rely on turnover intentions of public accounting firm employees (e.g., Dillard and Ferris, 1979; Hall and Smith, 2009; Parker, Nouri, and Hayes, 2011) rather than actual turnover.
(1992) showed that turnover intention and actual turnover is related in the .3 range.
In the main industry groups, the highest monthly growth in industrial turnover was seen in industrial goods, with a 3.1 percent increase, while energy turnover grew by 2.2 percent and non-durable consumer goods rose by 0.9 percent.
Looking at industry subsectors, turnover of wood and wood and cork products (with the exception of furniture) increased by 6.3 percent in February over the previous month, while turnover of fabricated metal products rose by 5 percent.
Commenting on the survey, Head of Financial Markets Mark Perry said: "The appreciation of the New Zealand dollar accounts for around two-thirds of the increase in foreign exchange turnover (which is measured in USD terms).
Technip UK moved up one place to second recording a 0.77 per cent turnover drop but more than doubling profits from PS48.18m to PS106.67m.
Summary: Muscat: The Muscat Securities Market (MSM) has achieved a marked growth in turnover, with the ...
This analysis of labor market turnover in an open economy has two purposes.