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.

Use turnover in a sentence

You may find that you have a high turnover rate with your staff and may need to start to offer more perks.

​ Was this Helpful? YES  NO 7 people found this helpful.

In an attempt to prevent overstock, our manager has encouraged a new up-sale tactic in order to turnover perishable coffee beans.

​ Was this Helpful? YES  NO 10 people found this helpful.

They committed another turnover in the fourth quarter, which lead to another touchdown from the visiting team who ended up winning.

​ Was this Helpful? YES  NO 3 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
inventory turns capital turnover