Turnover Ratio definition

Turnover Ratio means a ratio of the number of times per year that a dollar of assets is reinvested. It should be calculated based on the lesser of purchases or sales of underlying investments of a scheme expressed as a percentage of daily average NAV.

Turnover Ratio means, with respect to any calendar month, an amount equal to (i) the aggregate Outstanding Balance of all Receivables as of the beginning of such calendar month, divided by (ii) the aggregate amount of Collections from Obligors during such calendar month, multiplied by (iii) 30.

Turnover Ratio means, with respect to any Settlement Period, an amount, expressed in days, obtained by multiplying (a) a fraction, (i) the numerator of which is equal to the aggregate Outstanding Balance of the Receivables on the first day of such Settlement Period and (ii) the denominator of which is equal to Collections on the Receivables during such Settlement Period multiplied by (b) 30.

Examples of Turnover Ratio in a sentence

• Since the Scheme is a new Scheme, Portfolio Turnover ratio is not available.

• Turnover ratio – represents total net mortgage investments repayments during the stated period, expressed as a percentage of the average net mortgage investment portfolio for the stated period.

• Turnover ratio is the annual turnover value to the capitalisation of companies listed on the market.

• A fund with a high Portfolio Turnover ratio denotes that its portfolio managers actively trades the securities in the portfolio; this incurs considerable trading costs which should be taken into consideration in comparison with the performance of fund to ascertain whether the active trading activity is well justified.

• Bed occupancy rate (Norm 85%) General bed Semi-Private Bed Private Bed Bed turnover rate Av daily census Note: Bed occupancy rate = Av No. of bed available (i.e. number of authorized bed) Total discharge during a year Turnover ratio = -------------------------------------- Bed compliment 1.

More Definitions of Turnover Ratio

Turnover Ratio means a ratio calculated based on the lesser of purchases or sales expressed as a percentage over “average net asset value”. For the purposes of this paragraph, “average net asset value” means the net asset value for each day averaged over, as far as possible, the same period used for calculating the expense ratio. Where the ILP sub-fund feeds substantially into another fund, disclose the turnover ratio of the underlying fund and state clearly the period to which the ratio applies.

Turnover Ratio or “Yield and Servicing Reserve”, (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses or (I) release the lien of the Administrative Agent for the benefit of the Purchasers on all or substantially all of the Receivables; or

Turnover Ratio means an amount, expressed in days, obtained by multiplying (a) a fraction, (i) the numerator of which is equal to the sum of the aggregate principal amount of all Receivables as of the first day of the immediately preceding three calendar months and (ii) the denominator of which is equal to the sum of the Collections during such applicable period of three calendar months; times (b) 30.

Turnover Ratio means as of any Monthly Reporting Date and continuing to (but excluding) the next succeeding Monthly Reporting Date, an amount equal to the product of (i) the Receivables Pool Balance as of the close of business on the last day of the immediately preceding Monthly Period divided by the aggregate amount of Collections received during such Monthly Period multiplied by (ii) 30.

Turnover Ratio means the number of times per year that a lilangeni of assets is reinvested; and is calculated based on the lesser of purchases or sales of underlying investments of a scheme expressed as a percentage of daily average net asset value;

Turnover Ratio has the meaning given to it in Clause 20.24 (Loans and Guarantees).

Turnover Ratio means, in respect of any calendar month, the ratio of: (a) the aggregate amount of all indebtedness described in paragraph (f) of the definition of Financial Indebtedness constituting trade credits or any other trade indebtedness extended in the ordinary course of trading owed to members of the Mechel Mining Group by members of the Mechel Group as at the end of the immediately preceding calendar month; to (b) the aggregate receivables sales made in the ordinary course of trading by members of the Mechel Mining Group to members of the Mechel Group during the relevant calendar month.