Turnover indicates the volume of business generated by the enterprise's current activity and thus allows an assessment of its size. However, to measure the activity of a company or a sector, turnover is not always a significant indicator as it may or may not include purchases for resale and subcontracting, depending on the accounting approach selected.
<div xmlns="http://www.w3.org/1999/xhtml"><p>Turnover indicates the volume of business generated by the enterprise's current activity and thus allows an assessment of its size. However, to measure the activity of a company or a sector, turnover is not always a significant indicator as it may or may not include purchases for resale and subcontracting, depending on the accounting approach selected.<br/></p></div>
Datalift
