Revenue and turnover


6 Answer(s)


They usually mean the same thing.

Turnover could mean total amount of sales while Revenue means sales minus accompanying expenses

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Some companies also receive revenue from interest, dividends or royalties paid to them by other companies.
Turnover is the measure of how quickly inventory is sold. A high turnover means that goods are sold quickly, while a low turnover means that goods are sold more slowly.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Some companies also receive revenue from interest, dividends or royalties paid to them by other companies.
Turnover is the measure of how quickly inventory is sold. A high turnover means that goods are sold quickly, while a low turnover means that goods are sold more slowly.

Turnover is the net sales generated by a business, while revenue is the residual earnings of a business after all expenses have been charged against net sales. Thus, turnover and revenue are essentially the beginning and ending points of the income statement - the top-line revenues and the bottom-line results.

Turnover is the net sales generated by a business, while revenue is the residual earnings of a business after all expenses have been charged against net sales. Thus, turnover and revenue are essentially the beginning and ending points of the income statement - the top-line revenues and the bottom-line results.