The financial definition for Turnover rate:
Measures trading activity during a particular period. Portfolios with high turnover rates incur higher transaction costs and are more likely to distribute capital gains, which are taxable to nonretirement accounts.
Capital turnoverCapital turnover
Calculated by dividing annual sales by average stockholder equity (net worth). The ratio indicates how much a company could grow its current capital investment level. Low capital turnover generally corresponds to high profit margins.
Fixed asset turnover ratioFixed asset turnover ratio
The ratio of sales to fixed assets.
Portfolio turnover ratePortfolio turnover rate
For an investment company, an annualized rate found by dividing the lesser of purchases and sales by the average of portfolio assets.
Further Suggestions Receivables turnover ratio
Total asset turnover
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