BNET Business Dictionary
Business Definition for: Turnover
- The total of value transactions in a specific period, either for the stock market as a whole or for a specific company
- the total sales revenue of an organization for an accounting period. This is shown net of VAT, trade discounts, and any other taxes based on the revenue in a profit and loss account.
- the rate at which staff leave and are replaced in an organization
Wiktionary Definition for: Turnover
- The rate of change or replacement.
- Ex: ''Those apartments have a high turnover because they are so close to the railroad tracks.''
- Ex: ''The company has a 50% turnover rate.''
- A pastry consisting of pastry or pie crust around sweet, often fruit filling.
- Ex: ''They served apple turnovers for breakfast.''
- (''sports'') A loss of possession of the ball without scoring.
- Ex: ''The Nimrods committed a dismaying 23 turnovers en route to another humiliating loss.''
Additional Resources
- The Right Way to Measure Turnover
- When the economy turns around next year, retention will almost instantly go from being a non-issue to a major issue. Hence, it is recommend that senior HR manager immediately revisit and rethink the way they report turnover. Simply reporting turnover as a percentage of the workforce hides the truth. The...
- White papers 2003-10-06
- How Best Buy Slays the Turnover Beast
- Turnover at Best Buy fell eight percentage points to 60 percent last year, according to the company's recent earnings call. "The improvements in turnover were nationwide and at all levels ... and the most encouraging aspect of this progress is that these results came from specific, locally created strategies," said...
- Blog posts 2008-04-16
- Why is Inventory turnover important?
- This article is about how to calculate Inventory Turnover . It also includes information, how companies should calculate inventory turnover separately for every product line in every warehouse. This will allow them to identify situations in which their inventory is not providing an adequate return on their investment. To improve...
- White papers 1997-01-01
- Psych Tests to Keep Your Turnover Low
- The Find: Forget environmental factors, job hopping is largely dependent on the personality of employees. The Source: Research from the Summer 2008 issue of Personnel Psychology cited in the HR Tests blog. The Takeaway: On BNET recently, the topic of whether you should hire...
- Blog posts 2008-06-04
- VISA IS INCREASING TURNOVER IN RUSSIA
- A&G Information Services 03-31-2003 VISA IS INCREASING TURNOVER IN RUSSIA ST.PETERSBURG, RUSSIA, MAR 30, 2003 (A&G News via COMTEX) -- In2002 Visa credit card turnover increased by 97%and reached $6.8 billion. Such information w A&G Information Services ...
- Research articles 2003-03-31
- VISA IS INCREASING TURNOVER IN RUSSIA
- A&G Information Services 04-01-2003 VISA IS INCREASING TURNOVER IN RUSSIA ST.PETERSBURG, RUSSIA, MAR 30, 2003 (A&G News via COMTEX) -- In2002 Visa credit card turnover increased by 97%and reached $6.8 billion. Such information w A&G Information Services ...
- Research articles 2003-04-01
- LENOVO'S CONSOLIDATED TURNOVER UP 38% IN Q1
- AsiaInfo Services 08-07-2006 Lenovo's Consolidated Turnover Up 38% in Q1 BEIJING, Aug 07, 2006 SinoCast via COMTEX -- Chinese PC giant Lenovo reported USD 3.5 billion of consolidated turnover for the first fiscal quarter ended June 30 of 2006 AsiaInfo...
- Research articles 2006-08-07
- Brazil: Siemens forecasts lower turnover.
- Siemens forecasts a R$3.5bil turnover for 1999 in Brazil, the same amount earned last year. In dollars, the company's turnover is to fall from US$2bil to US$1.6bil. According to Siemens, the telecoms sector is to generate some 40% of this year's ...
- Research articles 1999-08-13
- SAMSUNG CHINA 07 TURNOVER HIT USD38.88BN
- AsiaInfo Services 03-04-2008 Samsung China 07 Turnover Hit USD38.88bn BEIJING, Mar 04, 2008 SinoCast via COMTEX -- South Korean electronics manufacturer Samsung Corp. achieved a total turnover of about USD 38.88 billion in the Greater China Regio AsiaInfo Services 03-04-2008 ...
- Research articles 2008-03-04
- INDIA: LG ELECTRONICS INDIA AIMS TO GENERATE TURNOVER OF US$554.3 MILLION IN 2002.
- LG Electronics India, a unit of the Korean consumer electronics company, has announced that it aims to generate a turnover of 27,000 million Rupees (US$554.3 million) in 2002. The company posted a turnover of 22160 million Rupees (US$ million) for 20 LG Electronics India, a unit...
- Research articles 2002-02-10
- The effect of financial institution objectives on equity turnover
- ABSTRACT We examine the share and dollar turnover on the New York Stock Exchange and on NASDAQ and find that investor objectives affect their contribution to stock turnover. We control for transactions costs and information previously identified as factors affective turnover to determine how different investment objectives of financial...
- Research articles 2005-09-01
- Individual investors, electronic trading and turnover
- ABSTRACT We examine how changes in individual investors' cost for information and trading costs affect stock turnover, i.e., the portion of outstanding stock that trades during a specific period of time. We also test how individual investors with relatively short investment horizons affect turnover. We find that stock turnover...
- Research articles 2006-05-01
- GL TRADE: Turnover of EUR 110.2m in the Nine Months to End of September 2004, up 18.5% at Constant Exchange Rates
- PARIS -- GL TRADE achieved turnover of EUR 110.2m in the first nine months of 2004, representing a 17.5% year-on-year rise unadjusted for movements in exchange rates and including the late 2003 acquisitions of MSTS and GLESIA. At constant exchange rates, the increase is 18.5%. Turnover by geographical zone...
- Research articles 2004-11-02
- Comptel lowers the 2002 turnover estimate and starts reducing costs; Outlook for the rest of 2002.
- M2 PRESSWIRE-16 September 2002-Comptel: Comptel lowers the 2002 turnover estimate and starts reducing costs; Outlook for the rest of 2002 C1994-2002 M2 COMMUNICATIONS LTD RDATE:09162002 Based on the business development during the third quarter 2002, Comptel lowers its...
- Research articles 2002-09-16
- NALCO`s April-August sales turnover Rs.949.33 crore.
- M2 PRESSWIRE-12 September 2001-Indian Government: NALCO`s April-August sales turnover Rs.949.33 crore C1994-2001 M2 COMMUNICATIONS LTD RDATE:12092001 National Aluminium Company Ltd. NALCO, a public sector undertaking of the Mines Ministry has recorded Rs.949.33 crore gross sales turnover during April-August,...
- Research articles 2001-09-12
- Beltton-Group Plc improves turnover and profit in first half
- NORDIC BUSINESS REPORT-14 August 2003-Beltton-Group Plc improves turnover and profit in first halfC1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com Finnish computer accessories and office supplies company Beltton-Group Plc has reported an increase in turnover and operating profit for the first half of 2003. Turnover went up by 63.1% from the...
- Research articles 2003-08-14
- Turnover Prediction Mapping
- The Human Resource Department doesn't have to have a crystal ball to predict future turnover. If they conduct both employee satisfaction surveys and exit interviews, they can create a customized map that tells you exactly which areas within your organization can expect future turnover and what the cause of that...
- White papers 2002-01-01
- Sales Force Turnover: The Hidden Cost of Selling
- Sales force retention is a key element in attainment of competitive advantage and increased profitability. In a case study created to assess the impact of sales force turnover, it was found that companies which minimize turnover create the opportunity for up to 10% additional long-term profit when compared to companies...
- White papers 1998-05-01
- Turnover's Relationships With Sales, Tips and Service Across Restaurants in a Chain
- This study uses restaurant level data from a casual-dining restaurant chain in the Midwestern United States to examine turnover's relationships with sales, tips, and service. Turnover was negatively correlated with sales and service among high volume restaurants but not among low volume restaurants. Interestingly, the opposite pattern was observed for...
- White papers 2002-05-06
- Turning Over Turnover
- This paper applies a methodology of for decomposing large panel data into systematic and idiosyncratic components to both returns and turnover. Combining the methodology with a generalized-least-squares-based principal components procedure, the paper demonstrates that this approach works well for both returns and turnover despite the presence of severe heteroscedasticity and...
- White papers 2004-11-01
