3 ms·
Thanks, but I don't see "turnover" on there. As far as I've ever seen, turnover refers to personnel changes. Also: Gotta love how someone downvoted this simple
by ShadowBanThis01 4y ago
Thanks, but I don't see "turnover" on there. As far as I've ever seen, turnover refers to personnel changes.
Also: Gotta love how someone downvoted this simple observation. Go back to Reddit, whoever you are.
- tempaway45751 4y agoWhere I'm from it also means revenue. I have edited my comment above
- ShadowBanThis01 4y agoGot it. Where are you from?
- happymellon 4y agoNot GP, but I'm in the UK and turnover when expressed as a monetary amount means revenue. Appears to be an Asian and European term. https://www.investopedia.com/terms/t/turnover.asp https://www.investopedia.com/terms/t/turnover.asp
- ShadowBanThis01 4y agoThanks. Seems less informative than terms like "revenue." I wonder what term Europeans and Asians use for personnel turnover.
- tempaway45751 4y agoThats also turnover, but usually a smaller number or a percentage
- happymellon 4y agoThat would be personnel/employee turnover. So I simplified a bit. Overall turnover is the same as revenue. Usually turnover is referred to as a ratio of accounts payable actually paid in a period or stock sold in a period. Personnel turnover is also not an absolute number but a ratio of people to people leaving. So in this case turnover is the same as they are ratios but for personnel rather than widgets. Hopefully that makes sense.
- ShadowBanThis01 4y agoThanks!