Average annual turnover

Hi,

Are you asking w.r.t any context or generic ???

Can be helpful to reply if you can post the context !!!!!

Hello boss Thanku for replying Just asking sir...i think average annual turnover shall be the total turnover during the year divided by 12. Am i right? Thanx

Average Annual turnover is averaging the turnover over the period of a year,quarter(3 months) or half yearly.If in Y1 turnover is 100,Y2 is 200 your average annual turnover is 150.

Month.Turnover (cr) 1. 5 2. 9 3. 12 4. 6 5. 8 6. 10 7. 5 8. 9 9. 14 10. 9 11. 14 12. 18. What would be the average annual turnover for the year??

In the example you have given above if you add up all the numbers you get 187....so number of year is 1 (one) so your annual turnover is 187 ( or sum of monthly turnover).Instead of month if you have used year say 12 years  you will be getting average annual turnover as 15.5 appx.

Okay thanku sir :-)