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differences between turnover, revenue, net profit
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  1. #1
    Junior Member kickurass's Avatar
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    Default differences between turnover, revenue, net profit

    please tell me the diffrences, so confusing!

  2. #2
    Member mattglop's Avatar
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    Quote Originally Posted by kickurass View Post
    please tell me the diffrences, so confusing!
    Hmmm, I do not know much about it. However, from just looking them up, it seems that

    turnover = revenue = the amount of money coming in from sales/production.

    net profit = revenue - expenses.
    In other words, net profit is the total amount of money coming in minus the expenses.

  3. #3
    Junior Member kickurass's Avatar
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    expenses = taxes + workforce + ..., isn't it?

    I think turnover = revenue, too, in vietnamese the definitions are not clear enough: revenue = thu nhập, turnover = doanh thu.
    i love LANGUAGES

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    Quote Originally Posted by kickurass View Post
    expenses = taxes + workforce + ..., isn't it?

    I think turnover = revenue, too, in vietnamese the definitions are not clear enough: revenue = thu nhập, turnover = doanh thu.
    http://dictionary.reference.com/browse/turnover #5.

    In this case revenue = turnover.

  5. #5
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    In business:

    Revenue = thu nhập
    Turnover = sự luân chuyển của hàng hoá

  6. #6
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    Revenue:
    1. The income of a government from all sources appropriated for the payment of the public expenses.
    2. Yield from property or investment; income.
    3. All the income produced by a particular source.
    4. A governmental department set up to collect public funds.

    turnover = a. The number of times a particular stock of goods is sold and restocked during a given period of time. b. The amount of business transacted during a given period of time. c. The number of shares of stock sold on the market during a given period of time.


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