Turnover

Turnover refers to the total amount of money a business earns from its sales or services over a specific period, such as a year. It indicates how much business activity the company has conducted. For example, a store with a high turnover sells a lot of products, translating into higher revenue. It’s a measure of business volume and helps assess growth and market performance. Turnover is different from profit, as it doesn’t account for expenses — it simply reflects the total sales generated.