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turnover rate
(redirected from Turnover Ratios)

   Also found in: Financial, Encyclopedia 0.01 sec.
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Noun1.turnover rate - the ratio of the number of workers that had to be replaced in a given time period to the average number of workersturnover rate - the ratio of the number of workers that had to be replaced in a given time period to the average number of workers
ratio - the relative magnitudes of two quantities (usually expressed as a quotient)


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The result could be lower asset turnover ratios, lower return on capital, and an increase in debt-toequity ratios, which could impact borrowing capacity or compliance with loan covenants.
While higher turnover ratios are better for profitability, types of businesses vary in the ratio they can sustain.
However, debtors (Figure 18) as well as creditors (Figure 19) turnover ratios were observed at endurance levels for all considered companies.
 
 
 
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