- sales turnover UK US noun [C or U] ACCOUNTING, FINANCE, COMMERCE► the total amount of money that a company receives from the sale of products or services in a particular period of time: »
The company has seen a remarkable increase in its retail sales turnover.
Financial and business terms. 2012.
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sales turnover — Mktg the total amount sold within a specified time period, usually a year. Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold … The ultimate business dictionary
turnover — or turns Terms used to describe the number of operating cycles in a defined period of time or the length of each specific operating cycle. Typical turnover cycles are: the rate at which accounts receivable converts to cash, the rate at which… … Financial and business terms
Turnover — Mutual Funds: A measure of trading activity during the previous year, expressed as a percentage of the average total assets of the fund. A turnover ratio of 25% means that the value of trades represented one fourth of the assets of the fund.… … Financial and business terms
sales revenue — UK US noun [U] (also sales revenues [plural], also sales income) ► COMMERCE, ACCOUNTING the amount of income that a company receives from the sale of products or services in a particular period of time: »New products accounted for 35 to 40% of… … Financial and business terms
sales force — ➔ force1 * * * sales force UK US noun [C] WORKPLACE, COMMERCE, MARKETING ► a group of employees whose job is to sell their company s products or services, especially by visiting or phoning customers and possible customers: build/control/manage a… … Financial and business terms
sales mix — ➔ mix * * * sales mix UK US noun [C] COMMERCE, MARKETING ► the combination of different products and services that provide a company s total sales: »A change in the sales mix towards larger detached homes also contributed to their increase in… … Financial and business terms
Sales tax — Cash register receipt showing sales tax … Wikipedia
sales tax — a tax on receipts from sales, usually added to the selling price by the seller. [1920 25] * * * Levy imposed on the sale of goods and services. A sales tax on the manufacture, purchase, sale, or consumption of a specific commodity is known as an… … Universalium
Turnover tax — A turnover tax is similar to a sales tax or a VAT, with the difference that it taxes intermediate and possibly capital goods. It is an indirect tax, typically on an ad valorem basis, applicable to a production process or stage. For example, when… … Wikipedia
turnover ratio — Fin [m1]1. stock or inventory turnover ratio, a measure of the number of times in a year that a business’s stock or inventory is turned over. It is calculated as the cost of sales divided by the average book value of inventory/stock. 2. fixed… … The ultimate business dictionary