Overall Turnover

AAA

DEFINITION of 'Overall Turnover'

A synonym for total revenues, commonly used in Europe and Asia. Overall turnover, in the North American context, may also refer to certain metrics, such as labor turnover or asset turnover for an organization as a whole. Overall turnover measures these metrics on a company-wide basis, as opposed to measuring them for a specific division or business unit.

INVESTOPEDIA EXPLAINS 'Overall Turnover'

For example, a European or Asian company's press release that announces overall turnover increased 20% last year simply means that gross revenues or total sales increased by that percentage.


If the overall inventory turnover for an American manufacturing company is 10, it means that the company as a whole generated $10 in revenues for every $1 of assets.

RELATED TERMS
  1. Asset Turnover Ratio

    The amount of sales generated for every dollar's worth of assets. ...
  2. Inventory Turnover

    A ratio showing how many times a company's inventory is sold ...
  3. Turnover

    1. In accounting, the number of times an asset is replaced during ...
  4. Logistics

    The overall management of the way resources are obtained, stored ...
  5. Book Value Reduction

    Reducing the value at which an asset is carried on the books ...
  6. Inherent Risk

    The risk posed by an error or omission in a financial statement ...
Related Articles
  1. Analyze Investments Quickly With Ratios
    Investing Basics

    Analyze Investments Quickly With Ratios

  2. Working Capital Works
    Insurance

    Working Capital Works

  3. Measuring Company Efficiency
    Fundamental Analysis

    Measuring Company Efficiency

  4. Understanding The Cash Conversion Cycle
    Investing Basics

    Understanding The Cash Conversion Cycle

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center