is turnover the same as revenue
Sales turnover is essentially the value of merchandise disposed off in a period of time, for example one year (annual turnover) and replanished with fresh stock. It is calculated in amount of money. Example annual turnover of this company is 2 million dollars. This means that the company replanished merchandise worth (not necessarily the sale price) 2 million dollars. Sales revenue is actual amount of money earned, or in other words amount of revenue generated by selling the merchandise. This could be less than the amount of sales turnover. The difference is that turnover could include worth of merchandise used for promotion etc while revenue is the income earned.