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  2. In simple terms, business turnover represents the total value of all goods or services sold by a company during a given period. It includes both cash and credit sales, as well as returns or refunds. Turnover is often referred to as revenue or sales turnover.
    cvpen.com/business-turnover/
    Business turnover is the value of sales a company makes in a set period. Companies use turnover to also understand how quickly they collect on their accounts receivable. Turnover can reflect how often a company cycles through its inventory. In investing, turnover defines how fast a firm sells a portfolio during a month or year.
    www.indeed.com/career-advice/career-developme…
    Turnover is a measure of total income from sales, whereas profit is total income minus expenses. For example, if a business makes $100,000 in sales over a year, its annual turnover is $100,000. However, if the cost of materials, labour and all other business expenses is $60,000, then the business's profit is $100,000 - $60,000 = $40,000.
    quickbooks.intuit.com/au/blog/running-a-business/…
    Turnover is the total value of the sale of services or goods during a financial year. In accounting and finance, turnover refers to the number of times a company's asset revolves during an accounting period, which can help a company's owner understand how efficiently they manage their resources.
    www.indeed.com/career-advice/career-developme…
     
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