What is cross turnover
company's turnover is '' total sale of the company for that year ''.
Sales turnover is purely the revenue from selling a good or service. It excludes things like return on investment, interest earned and asset appreciation which are also included in the annual turnover.
A stock card is a generic postcard. The card is blank to allow for future printing. Text can be added using a simple hand press.
The knowledge of stock market is a vast field and it needs to be kept updated with the passage of time. A simple definition of stock market is that "A stock market is a public market for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately".
Stock turnover period = Closing stock x 365 / cost of sales
stock turnover ratio= cost of goods sold divided by stock or you can say it like... net sales / average inventory
Cost of goods sold/Average Stock * 100
Turnover is not defined in Income Tax Act.Correct me if i am wrong.
In a human resources context, turnover or staff turnover or labour turnover is the rate at which an employer gains and loses employees. Simple ways to describe it are "how long employees tend to stay" or "the rate of traffic through the revolving door".
The average value of products kept for sale during an accounting period. It is calculated by adding the value of the products at the beginning of the period and the value at the end of the period and then dividing the total by two (2).
Well turnover implies to multiple trade transactions. Anytime the shareholder decides to trade, holding period, and trade value is relevant.
A stock exchange. Sorry that's not very helpful but it was the dictionary definition..
Thirdly, the term "Turnover" is not defined in the Schedule or in the Definition section 2 of the Act. The said definition can be borrowed from section 43A, though the said provision is more or less inoperative since passing of the Companies (Amendment) Act, 2000. The said definition says that "Turnover" means aggregate value of the realisation made from sale, supply or distribution of goods or on account of services rendered, or both by a Company during the financial year.
An aircraft company will incur low inventory turnover if the stock is purchased as bulk and demand is low, thus slow discharge of inventory.
stock turnover rate is calculated as: =cost of good sold/average stock
An unusually high Inventory Turnover Ratio compared to Industry could mean a Business is losing sales because of inadequate stock on hand.