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According to experts the difference between sales and turnover is sales refers to the income received from goods and services sold by a business whereas turnover is the income received when businesses trade goods and services.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agoSales:-In general sales means good sold by you.In other words quantity that has been sold to your customers.
Sales Turnover:It means number of times your able to sell the goods in market.
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What is the difference between revenue and turnover?
Revenue is the amount of money that comes in from sales, so "sales" and "revenue" are the same. Turnover is the quantity of stock sold over an indicated period, expressed either in monetary value or number of units.
The difference between turnover and revenue?
In U.K. "turnover" is what U.S. calls "revenue"
What is the difference between sales turnover and labor turnover?
Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold within a specific time period, usually a year. Whereas Labour turnover is the ratio of the number of employees that leave a company through attrition, dismissal, or resignation during a period to the number of employees on payroll during the same period.
Difference between sales turnover and labor turnover?
Sales turnover is often expressed in monetary terms but can also be expressed in terms of the total amount of stock or products sold within a specific time period, usually a year. Whereas Labour turnover is the ratio of the number of employees that leave a company through attrition, dismissal, or resignation during a period to the number of employees on payroll during the same period.
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 sales turnover from annual turnover?
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.
What is the formula for capital turnover ratio?
Capital turnover = Sales/ Invested capital
What is the difference between the sales objectives and communication objectives?
difference between sales objectives and commuicatio objectives?
'What is the difference between sales forecast and sales quota?
what is sales forecast
How calculate accounts receivable turnover ratio?
the formula of calculating account receivable turnover = Net Sales/ average gross receivable
What is the difference between sales executive and sales officer?
The difference between a sales executive and sales officer will depend upon the company. Most times, a sales executive will have a higher position than a sales officer.
Is recent an adjective or adverb?
Recent is an adjective: 'The recent sales have increased our turnover'. Recently is the adverb: 'The sales we held recently have increased our turnover'.
