annual turnover

USAGE SUMMARY

The phrase "annual turnover" is correct and usable in written English.
It is typically used in a business context to refer to the total revenue generated by a company in a year or the rate at which employees leave and are replaced within an organization. Example: "The company's annual turnover increased significantly this year, reflecting strong sales growth."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

59 human-written examples

His annual turnover is now £10m.

The Guardian - Lifestyle

The firm's annual turnover is about £9m.

The Economist

Today it has an annual turnover of close to $2bn.

The Guardian - Lifestyle

The fund's annual turnover rate is just 30percentt.

The New York Times

Annual turnover from promotions was close to twenty per cent.

The New Yorker

It currently has an annual turnover of £11.5bn.

The Guardian

The company's estimated annual turnover is about £20m.

The Guardian

Annual turnover rates averages 6percentt for the Border Patrol.

The New York Times

Its annual turnover to March 2013 was £3,297m.

The Guardian - Business

"In 1972, the annual turnover at Spurs, from all sources, was £500,000.

The Guardian - Sport

Annual turnover, on a three-year rising trend, registered a one-point increase to 13%.

The Guardian

Expert writing Tips

Best practice

When discussing a company's financial performance, use "annual turnover" to provide a concise overview of the total revenue generated within a year. This is especially useful in business reports or financial analyses.

Common error

Avoid using "annual turnover" interchangeably with "annual profit". Turnover represents gross revenue, while profit is the revenue remaining after deducting all expenses. Always clarify which metric you are referring to.

Linguistic Context

The phrase "annual turnover" functions as a noun phrase, typically used as a subject or object in sentences relating to business, finance, or human resources. Ludwig AI identifies its widespread use in describing a company's financial performance or workforce dynamics.

Expression frequency: Very common

Frequent in

News & Media

49%

Science

29%

Formal & Business

22%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "annual turnover" is a commonly used noun phrase referring to a company's total revenue within a year or the rate at which employees leave and are replaced. As highlighted by Ludwig AI, its usage is grammatically correct and appears frequently in business, news, and academic contexts. While "annual turnover" is a valuable term for financial and HR discussions, avoid confusing it with "profit" and ensure its usage aligns with the context. Consider related phrases like "yearly revenue" or "employee turnover rate" for greater precision.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Yearly revenue

Focuses specifically on the income aspect of the business over a year.

Annual revenue

Similar to 'yearly revenue', emphasizes total income for the year.

Annual sales volume

Highlights the total amount of sales achieved within a year.

Staff attrition rate

Specifically refers to the rate at which employees leave a company annually.

Employee turnover rate

Emphasizes the rate of employee replacement within a year.

Annual income

Focuses on total earnings within a year, often at a personal or departmental level.

Yearly earnings

Similar to 'annual income', emphasizes income earned during the year.

Fiscal year revenue

Refers to the revenue generated during a company's fiscal year.

Annual yield

Implies the return on investment or production within a year.

Annual productivity

Highlights the amount of output or work completed in a year.

FAQs

How is "annual turnover" calculated?

Annual turnover is generally calculated as the total revenue a company generates in a year. For employee turnover, it's the percentage of employees who leave the company within a year.

What's a good alternative to "annual turnover" when discussing company financials?

Depending on the context, you can use alternatives like "yearly revenue", "annual revenue", or "annual sales volume".

What is the significance of "annual turnover" for a business?

For revenue, it indicates the overall sales performance. For employees, it reflects employee satisfaction and retention, with high turnover potentially signaling underlying issues.

How does "annual turnover" relate to profitability?

While high "annual turnover" can indicate strong sales, profitability depends on factors like cost of goods sold, operating expenses, and other deductions. Turnover is a gross figure, while profit is net.