turns

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 inventory converts to receivables or cash, the rate at which accounts payable are paid, and the number of times in a year inventory can be said to be sold and replaced. For example, if a firm's average inventory level is equivalent to one quarter of its annual sales, it can be said that inventory turns four times a year.
(See days inventory, days payables and days receivables for definitions of other common measurements of turnover.)
While turnover concepts are most often applied to elements of the working capital conversion cycle, there are other applications. For example, asset turnover is the ratio of net sales divided by total assets. American Banker Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • Turns — Tirns 53°3′32″N 5°37′35″E / 53.05889, 5.62639 …   Wikipédia en Français

  • turns — See toe out on turns …   Dictionary of automotive terms

  • turns — tÉœrn /tɜːn n. rotational movement; change of direction or position; change in condition; opportunity or responsibility for action which is given in order; mold for casting; period of action; action performed; purpose, goal; disposition; short… …   English contemporary dictionary

  • Turns into Stone — Álbum recopilatorio de The Stone Roses Publicación 20 de julio de 1992 Grabación 1988 1991 Género(s) Rock alternativo …   Wikipedia Español

  • Turns in swimming — are used to reverse the direction in which they are swimming. They are usually done when the swimmer reaches the end of the swimming pool but still has one or more lengths to swim. Open turn: is where the swimmer touches the wall, with one or two …   Wikipedia

  • Turns into Stone — Infobox Album | Name = Turns Into Stone Type = Compilation album Artist = The Stone Roses Released = July 20 1992 Recorded = 1988 1991 Genre = Madchester Length = Label = Silvertone Producer = John Leckie, Peter Hook Reviews = *Allmusic… …   Wikipedia

  • turns ratio — ratio of the number of turns in the first coil of a transformer to the number of turns in the second coil (Electricity) …   English contemporary dictionary

  • turns ratio — vijų skaičiaus santykis statusas T sritis fizika atitikmenys: angl. turns ratio; winding rate vok. Windungsübersetzung, f; Windungsverhältnis, n; Windungszahlverhältnis, n rus. отношение витков, n pranc. rapport d’enroulement, m; rapport des… …   Fizikos terminų žodynas

  • turns ratio — noun see turn ratio …   Useful english dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.