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English definition of “cash turnover”

cash turnover

noun [U]    
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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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