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Tung Quoc Posted 19 years ago
Grammar

Turnover vs revenue

Hello,

Please read the 2 words below:

1. Turnover.
2. Revenue.

Are they interchangeable? If not, pls help me to distinguish between these 2 words.

I have checked in all of my dictionaries but i can't distinguish clearly the difference meaning between these 2 words.

Thanks
Quoc
  

Top answer

Turnover = For a company, the ratio of annual sales to inventory = the amount of money taken by a business less the value of the stock held by that company. " > The total gross amount earned by the company before any deductions for tax etc..

— Feebs11

  • Turnover = For a company, the ratio of annual sales to inventory = the amount of money taken by a business less the value of the stock held by that company.
  • " > The total gross amount earned by the company before any deductions for tax etc..
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1 Answers
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Turnover = For a company, the ratio of annual sales to inventory = the amount of money taken by a business less the value of the stock held by that company.

Revenue = the income received by an organization "The revenue of the company for 2006-2007 was xmillion." > The total gross amount earned by the company before any deductions for tax etc..
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