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What is net turnover?

Updated: 11/1/2022
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16y ago

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Net turnover is turnover reduced by taxes linked to it, like VAT.

In other words, it is what you get for the products you sell and services you provide, minus VAT that had to be paid for them.

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16y ago
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Q: What is net turnover?
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Related questions

If theasset turnover of a company is 3.2 the total assets are 32000 what were the net sales?

Formula for asset turnover: Asset turnover = net sales / total assets Net sales = 32000 * 3.2 = 102400


What is operating assets turnover?

Operating asset turnover is the ratio of net sales divided by operating assets.


How do you calculate accounts receivable turnover rate?

Net Sales / Average Accounts Receivable = Account Receivable Turnover


Do you use net receivable in calculating AR turnover?

The equation for AR Turnover is: AR Turnover = Net Credit Sales / Average AR (/=divided by) Some companies' will report only sales, however this can affect the ratio depending on the amount of cash sales.


Explain how return on assets decline given an increase in net profit margin?

If you look at what Return on Assets is comprised of, Net Profit Margin and the Total Asset Turnover, if the firm is having a very slow turnover, the ROA will be declining if the turnover is greater in magnitude to the NPM.


What is the Receivables Turnover Ratio?

The Receivables turnover ratio is used to measure the number of times on an average; the receivables are collected during a particular timeframe. A good receivables turnover ratio implies that the company is able to efficiently collect its receivables.Formula:RTR = Net Credit Sales / Average Net Receivables


What is Receivables Turnover Ratio?

The Receivables turnover ratio is used to measure the number of times on an average; the receivables are collected during a particular timeframe. A good receivables turnover ratio implies that the company is able to efficiently collect its receivables.Formula:RTR = Net Credit Sales / Average Net Receivables


How calculate accounts receivable turnover ratio?

the formula of calculating account receivable turnover = Net Sales/ average gross receivable


How do you calculate stock turnover ratio?

stock turnover ratio= cost of goods sold divided by stock or you can say it like... net sales / average inventory


What is net sales divided by tangible assets ratio?

fixed assets turnover ratio


What is the asset turnover ratio if the profit margin is 5 percent and the return on assets is 13.5 percent?

ROA = Net Profit Margin * Asset Turnover Asset Turnover = ROA/Profit Margin = 13.5/5 = 2.7%


How do you do a turnover?

There are two ways to calculate Creditors Turnover. First is using the COGS (Cost of Goods Sold) as the basis. Creditors Turnover = COGS / Creditors (A/c Payables) . Second is the more common method which uses Sales as the basis. Creditors Turnover = Net Sales / Creditors (A/c Payables).