When it comes to all things business, turnover represents the rate at which any asset is replaced or revolved during a certain time period. In terms of assets such as inventory, raw materials and cash, the accounting period is normally used as the timetable. In terms of human resources or employees, however, a revolving 12-month period is often used to calculate turnover.Continue Reading
Turnover can be positive or negative, depending on the assets in question. For example, when inventory turns over quickly, there may be less waste due to spoilage. A high turnover rate also means that a company is selling more product, which equals more profit. However, when it comes to employees, a high turnover rate can point to poor management and an unhappy workforce.
Turnover is a term used in the financial world as well. In this sense, turnover represents the volume or value of shares traded on the stock market during any given period. On a more individual level, turnover can represent the number of times a trade is made within a single portfolio. If there are too many trades made within a certain period, a broker can be accused of "churning," which is a process that generates more commission for the broker.Learn more about Corporations
Labor turnover refers to how many employees in an organization leave their position in a designated time period, usually over the period of a year. Labor turnover is measured in a percentage of total workers and is a popular metric to evaluate the stability of a company's workforce.Full Answer >
McDonald's annual turnover in terms of sales revenue was $28.11 billion in 2013. The company's sales have consistently topped $20 billion since 2005 and have grown every year except for 2009.Full Answer >
A call option provides an investor with the right to purchase an asset such as a stock, commodity or bond at a specified time during a specified time period, explains Investopedia, whereas a put option provides an investor with the right to sell a specific amount of bonds, stocks or commodities at a specified price during a specified time period. Call options do not require investors to buy the underlying assets at a specified price.Full Answer >
The NN group is an asset and insurance management company that has a strong presence in more than 18 countries, including most European countries and Japan. The NN group's mission statement is to provide its costumers secure better financial futures and keep their money safe. The company prides itself on delivering great customer service and building and growing long term relationships. The organization strives to help empower its customers to be their best.Full Answer >