"Turnover" Pronounce,Meaning And Examples

"Turnover" Meaning

The term "turnover" has several meanings in different contexts, typically referring to the act of rotation or replacement of something or someone.

In business and finance, 'turnover' often refers to the rate of change of sales or personnel within a company over a certain period of time, usually expressed as a percentage. It generally implies the extent to which sales, employees, or other elements of a company are switched or replaced.

In accounting, it's used in calculations related to stock turnover to determine the rate of inventory or goods sold over a period, giving insight into a business's efficiency in selling off its stock.

It can also mean the act of turning something over, such as the turning over of land or the turning over of a document.

"Turnover" Examples

Usage Examples of the Word "Turnover"

1. Business Context

In the latest quarterly report, the company announced a significant turnover due to the financial restructuring.

2. Sports Context

The hockey team ended the season with a high turnover rate, losing key players to other leagues.

3. Cooking Context

A high turnover in the chicken demanded moderating the heat to prevent overcooking the meal.

4. Agricultural Context

Farmers have been experiencing a low crop turnover due to a recent period of drought.

5. Cooking Context

When making the salad, add a moderate turnover amount of the dressing so the flavors mix evenly.

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