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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.

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Q: What is the difference between sales turnover and labor turnover?
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Related questions

What is the difference between sales and sales turnover?

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.


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.


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.


What has the author Derek A Newton written?

Derek A. Newton has written: 'Cases in sales force management' -- subject(s): Case studies, Sales management 'Sales force performance and turnover' -- subject(s): Selling, Sales management, Personnel management, Labor turnover 'Sales force management' -- subject(s): Sales management, Case studies


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.


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Capital turnover = Sales/ Invested capital


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