06 September 2007
turnover: U.S. accounting, is the number of times an asset is replaced during a financial period; often used in terms of inventory turnover or accounts receivable turnover. In securities, for either a portfolio or exchange, TURNOVER is the number of shares traded for a period as a percentage of the total shares. In Great Britain, TURNOVER means sales.
Revenue:is the inflows of assets from selling goods and providing services to customers; including the reduction of liabilities from selling goods and providing services to customers.
a. The number of times a particular stock of goods is sold and restocked during a given period of time. b. The amount of business transacted during a given period of time. c. The number of shares of stock sold on the market during a given period of time.
Revenue:
Revenue is the amount of money that is received into a company by its business activities during a specific period, including discounts and deductions for returned merchandise. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.
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