Meaning of “cash turnover” in the English Dictionary

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"cash turnover" in Business English

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cash turnovernoun [ U ]

uk us

the number of cash cycles (= the time it takes for a company to change the value of materials it has bought into money received by selling products) a company completes during the period of time for which it prepares its accounts:

Using the results of the cash cycle, we can estimate what the cash turnover might be.

(Definition of “cash turnover” from the Cambridge Business English Dictionary © Cambridge University Press)