What is 'Overall Turnover'

Overall turnover is 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.

BREAKING DOWN '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.

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RELATED FAQS
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    Learn about the turnover rate for mutual funds, and understand the effect higher turnover may have on fund performance and ... Read Answer >>
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    Understand what the concept of turnover ratio represents in relation to a mutual fund, and how an investor can evaluate a ... Read Answer >>
  3. What is a good turnover ratio for a mutual fund?

    Learn about mutual fund turnover ratios and why the ideal ratio may differ based on the type of mutual fund and your investment ... Read Answer >>
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    Find out more about the turnover ratio, what the turnover ratio measures and what a high turnover ratio indicates about an ... Read Answer >>
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