ThemeaningofTURNOVERis the amount received in sales for a stated period. How to useturnoverin a sentence. Mar 21, 2025 ·Turnover is the rate at which an asset is replaced during a measurement period.Learn how turnover applies to receivables, inventory, payables, portfolio, and employees. Sep 8, 2024 ·WhyTurnoverMattersTurnoveris a critical metric for organizations because it affects various aspects of business performance and operational efficiency. Here are some reasons whyturnovermatters: Cost: Highturnoveris expensive due to the costs associated with recruiting, hiring, and training new employees.
