factris invoice financing factoring


What is turnover?

Turnover is the total amount of money a company earns from the sale of goods or services within a given period, usually a year. It represents the revenue stream derived from the company’s core business and is calculated by multiplying the selling price by the number of units sold. Turnover is an important financial measure because it indicates a company’s growth and performance and can be used to measure profitability and efficiency. It can also be used to analyse trends in demand for products or services and to make decisions on pricing strategies and marketing initiatives.

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