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what is turnover
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Asked 6/28/2011 12:12:31 AM
Updated 12/1/2016 11:30:14 AM
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Flagged by emdjay23 [12/1/2016 11:30:14 AM]
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User: what is turnover

Question
Asked 6/28/2011 12:12:31 AM
Updated 12/1/2016 11:30:14 AM
1 Answer/Comment
Flagged by emdjay23 [12/1/2016 11:30:14 AM]
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Turnover is an accounting term that calculates how quickly a business collects cash from accounts receivable or how fast the company sells its inventory.
Added 12/1/2016 11:30:12 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/1/2016 1:40:06 PM]
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