turnover
Definition
For a company, the ratio of annual sales to inventory; or equivalently, the fraction of a year that an average item remains in inventory. Low turnover is a sign of inefficiency, since inventory usually has a rate of return of zero. here also called inventory turnover. For a mutual fund, the number of times per year that an average dollar of assets is reinvested.
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Related Terms
accounts receivable turnover, asset turnover, capital turnover, portfolio turnover, turnover ratio
'turnover
' appears in the definitions of these terms on BusinessDictionary.com pay equity, revenue passenger mile (RPM), throughput, ton mile, ABC inventory classification, and 
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