turnover
DefinitionFor 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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turnover is ...
... part of the Mutual Funds subject.
... part of the Mutual Funds subject.
... #52 on our list of the most popular terms.
... an essential investing term.
Related Terms
portfolio turnover, turnover ratio, conservative growth, equity turnover, loyalty program, inventory turns, Du Pont analysis, accounts payable turnover, annual turnover
turnover appears in these other terms
total asset turnover, receivables turnover
turnover appears in the definitions of these other terms on BusinessDictionary.com
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