turn over will be caluculated on sales generally
turn over is caluculated on gross sales because net sales
include taxes if we deuct tax we get actual sales actual
sale can be treated as gross sale & it can also be treated
as turn over
some times it is caluculated on net sales
eg- sales-sales returns we get net sales
It depends on what kind of turnover you are asking. If you are asking for a turnover as sales revenue... then it will be the gross sales. Or are you asking for assets turnover, debtors turnover, stock turnover, alot more. Pls specify.