- 1 Post By Anglika
- 1 Post By tedtmc
Can you explain what revenue and turnover are?
Revenue is the moneys received by a company. Turnover is the revenue received in a given period = The gas company's turnover for 2006-7 was £25,000,000.
Revenue is about money.
Turnover has a wider meaning, you can have workers turnover, production/manufacturing , sales turnover, investment turnover, etc. It means the rate of movement/change of an entity in general.
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