0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is turnover in accounts?
Turnover is sales both domestic and export and is reflected in Trading Account of the Company in accounts.
What is asset turnover?
Asset Turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating revenue or income for the company. A higher asset turnover ratio implies that the company is operating efficiently and is able to generate solid revenue income using the assets at their disposal.Formula:Asset Turnover = Sales / Average Total Assets
What is the sales turnover of Amway?
Amway(short for American Way):CHANDIGARH: Direct selling major Amway India today said it is eyeing total turnover of Rs 2,500 crore in 2012, up by 17 per cent over last year's sales as it will continue to focus on health and beauty segment to propel its sales."We are aiming at total turnover of Rs 2,500 crore in 2012," said company's Vice President Bhuvan Kapoor here today.The company clocked sales of Rs 2,130 crore in 2011 and Rs 1,790 crore in 2010.
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.
How do you calculate total asset turnover?
Total asset turnover ratio = total sales / total assets
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 turnover in accounts?
Turnover is sales both domestic and export and is reflected in Trading Account of the Company in accounts.
What is a companies turnover?
a company turnover is based on the , production loss profit expencess labour cost etc . . .
How can asset turnover be defined in simple terms?
Asset turnover is the ratio of a company's net sales to their total assets. It can be used to measure how efficiently the company is using its assets to increase sales: a high ratio indicates efficiency, whereas a low ratio indicates inefficiency. It can be calculated by dividing the amount of sales by the company's assets.
What is asset turnover?
Asset Turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating revenue or income for the company. A higher asset turnover ratio implies that the company is operating efficiently and is able to generate solid revenue income using the assets at their disposal.Formula:Asset Turnover = Sales / Average Total Assets
What does higher Sales Turnover indicates?
its means company have good financial position and having the goodwill
How do sales manager differ from other managers?
because sales manager helps to improve the turnover of the company and also deals with the customers who is coming forward to do their transactions which make them to impress in their company
What is company turnover?
company's turnover is '' total sale of the company for that year ''.
What is the asset turnover ratio if the net sales are 51195 and the average total assets is 135128?
Asset Turnover = Net Sales/Average Total Assets Asset Turnover = 51195/134128 Asset Turnover = 0.38169 It depends on the industry, but generally a number this low indicates that the company has too much money tied up in assets that are not contributing to sales. It's a ratio of sales/total assets (or total average assents). Profit margins are an important consideration when analysing this number.
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
Is annual turnover the income of sales for a company?
Annual turnover is annual sales revenue. The money which is generated from selling a product or service. This must not be confused with annual income because income is associated with profits and with income tax while turnover is not! Turnover is the language used by businessmen when asked what their sales figures are for the month or year. It is also used as a management tool to manage and compare the performance of a business with previous years and also with market competitors. If the turnover is high, it does not mean the income is high, because turnover is simply the starting point before profits are calculated and before gross and net income can be ascertained.
