What is turnover?
Turnover is the total of a company's sales before taxes. It is therefore equal to the total revenue a company makes over a given period of time, taxes (VAT) deducted. Its formula is: turnover = sales price * quantity sold
For example, if Ecomail is used by 1000 users per year, then the annual turnover would be: 1000 x 10€ HT = €10,000
For example, if Ecomail is used by 1000 users per year, then the annual turnover would be: 1000 x 10€ HT = €10,000
Updated on: 16/11/2023