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What Is Turnover in Business, and Why Is It Important? - Investopedia
https://www.investopedia.com/terms/t/turnover.asp
WEBFeb 16, 2024 · What Is Turnover? Turnover is how quickly a company has replaced assets within a specific period. It can include selling inventory, collecting receivables, or replacing employees. It can also...
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Turnover (employment) - Wikipedia
https://en.wikipedia.org/wiki/Turnover_(employment)
WEBIn human resources, turnover is the act of replacing an employee with a new employee. Partings between organizations and employees may consist of termination, retirement, death, interagency transfers, and resignations. [1] An organization’s turnover is measured as a percentage rate, which is referred to as its turnover rate.
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Turnover Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/turnover
WEBa (1) : the amount received in sales for a stated period. (2) : the ratio of sales for a stated period to average inventory. (3) : a cycle of purchase, sale, and replacement of a stock of goods. b. : the number of persons hired within a period to replace those leaving or dropped from a workforce.
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Employee Turnover Rate: Definition & Calculation - Forbes
https://www.forbes.com/advisor/business/employee-turnover-rate/
WEBOct 12, 2022 · Employee turnover is the percentage of employees that leave your organization during a given time period. Organizations typically calculate turnover rates annually or quarterly. They can also...
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TURNOVER | English meaning - Cambridge Dictionary
https://dictionary.cambridge.org/dictionary/english/turnover
WEBAdd to word list. C1 [ C or U ] the amount of business that a company does in a period of time: Large supermarkets have high turnovers (= their goods sell very quickly). The …
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What is business turnover and how do you calculate it?
https://gosuperscript.com/news-and-resources/what-is-business-turnover/
WEBOct 6, 2022 · 3 minute read. Whether you're a business owner, a freelancer or self-employed, turnover is one of the most important financial figures to get to grips with. This back-to-basics guide will help you understand what turnover is, when you might use it and how to calculate it. All in just 3 minutes.
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How to Calculate Turnover Rate and What It Means | Built In
https://builtin.com/recruiting/turnover-rate
WEBTurnover rate is defined as the percentage of employees who have left a company over a certain period of time. It’s often described in relation to employee retention rate, which measures the number of employees retained from the beginning of a set period until the end. There are two types of turnover.
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What is Turnover in Business? Importance & Calculation
https://www.freshbooks.com/en-za/hub/accounting/what-is-a-turnover-in-business
WEBDec 9, 2022 · In business, turnover is an accounting notion. It works out how fast a company conducts its operations. More often than not, the term helps to understand how fast a business collects cash from accounts receivable. It also measures how quickly a company sells its inventory.
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What is Turnover? - NerdWallet UK
https://www.nerdwallet.com/uk/business/what-is-turnover/
WEBJun 13, 2023 · Turnover is the total value of a business’s sales over a set period of time. This figure can be used to provide insights into how quickly your business is able to sell its inventory. In this...
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What Is Turnover? | Indeed.com
https://www.indeed.com/career-advice/career-development/turnover
WEBUpdated July 21, 2022. Turnover is an important measure of a company's performance. It is used at every stage of a company's life, from attracting investors to selling the business. When a business is able to manage its turnover, it can run efficiently and cost-effectively.
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