Post by account_disabled on Mar 7, 2024 4:51:51 GMT -6
The turnover is high you can use the extra profits to put more money into other areas of the business. In general turnover represents the value of goods and services provided to customers over a certain period of time. Meanwhile profit is basically income minus costs incurred. Understanding the two records above is fundamental in planning maximum profits for the company. Example of the Difference between Turnover Margin and Profit Turnover margin and profit are different but interrelated things. To make it easier for you to understand you should read the example illustration as follows.
You have a business selling a product that is sold for IDR . is or IDR . In one month your product was B2B Email List successfully sold pcs. So the gross income or turnover you get is IDR X IDR million. From a turnover of IDR million you get a gross profit of IDR million. In the marketing process you will incur costs of IDR thousand. These costs can be for operational costs electricity costs taxes or others. Thus the net profit obtained is IDR million IDR thousand IDR . million. Turnover is related to total revenue globally without taking into account costs. Meanwhile profit is the profit you get after turnover is reduced by costs.
The margin is the percentage of profit value that you take from each product sale. Deeper about Turnover and Profit Reading some of the definitions above is actually enough to make you understand what these two terms mean. But this time we will try to discuss it in more depth so you can understand it. First is turnover. As explained turnover is the total value of gross income in a certain period. This period can be daily weekly monthly and yearly. Generally business people will try to continue to increase income turnover because the.
You have a business selling a product that is sold for IDR . is or IDR . In one month your product was B2B Email List successfully sold pcs. So the gross income or turnover you get is IDR X IDR million. From a turnover of IDR million you get a gross profit of IDR million. In the marketing process you will incur costs of IDR thousand. These costs can be for operational costs electricity costs taxes or others. Thus the net profit obtained is IDR million IDR thousand IDR . million. Turnover is related to total revenue globally without taking into account costs. Meanwhile profit is the profit you get after turnover is reduced by costs.
The margin is the percentage of profit value that you take from each product sale. Deeper about Turnover and Profit Reading some of the definitions above is actually enough to make you understand what these two terms mean. But this time we will try to discuss it in more depth so you can understand it. First is turnover. As explained turnover is the total value of gross income in a certain period. This period can be daily weekly monthly and yearly. Generally business people will try to continue to increase income turnover because the.