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turnover rate
(redirected from Turnover Ratios)

    Also found in: Dictionary/thesaurus, Financial 0.01 sec.
turnover rate [′tərn‚ō·vər ‚rāt]
(chemical engineering)
In an industrial catalytic process, a value corresponding to the turnover number per specified unit of time.
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The result could be lower asset turnover ratios, lower return on capital, and an increase in debt-toequity ratios, which could impact borrowing capacity or compliance with loan covenants.
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However, debtors (Figure 18) as well as creditors (Figure 19) turnover ratios were observed at endurance levels for all considered companies.
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