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v. t. e. In accounting, the inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to see if a business has an excessive inventory in comparison to its sales level. The equation for inventory turnover equals the cost of goods sold divided by the average inventory.
In enzymology, the turnover number ( kcat) is defined as the limiting number of chemical conversions of substrate molecules per second that a single active site will execute for a given enzyme concentration [ET] for enzymes with two or more active sites. [ 1] For enzymes with a single active site, kcat is referred to as the catalytic constant. [ 2]
Turnover (employment) In human resources, turnover refers to employees who leave an organization. The turnover rate is the percentage of the total workforce who leave over a certain period. [ 1] Organizations and wider industries may measure their turnover rate during a fiscal or calendar year.
Beta diversity. In ecology, beta diversity (β-diversity or true beta diversity) is the ratio between regional and local species diversity. The term was introduced by R. H. Whittaker [ 1] together with the terms alpha diversity (α-diversity) and gamma diversity (γ-diversity). The idea was that the total species diversity in a landscape (γ ...
Asset turnover. In finance, asset turnover ( ATO ), total asset turnover, or asset turns is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue or sales income to the company. [ 1] Asset turnover is considered to be a profitability ratio, which is a group of financial ratios that measure ...
A financial ratio or accounting ratio states the relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization. Financial ratios may be used by managers ...
The receivables turnover ratio is an activity ratio, measuring how efficiently a firm uses its assets. [ 1] Formula: [ 2] A high ratio implies either that a company operates on a cash basis or that its extension of credit and collection of accounts receivable is efficient. [ 3] While a low ratio implies the company is not making the timely ...
Enzyme activity. Enzyme activity is a measure of the quantity of active enzyme present and is thus dependent on various physical conditions, which should be specified . It is calculated using the following formula: where. = Enzyme activity. = Moles of substrate converted per unit time. = Rate of the reaction. = Reaction volume.