Cash Turnover = (cost of sales {excluding depreciation}) / cash.

Cash Turnover Ratio = (365 days)/ cash balance ratio.

Cash turnover ratio definition and explanation:

The cash turnover ratio indicates the number of times that cash turns over in a year.

The cash turnover ratio and cash balance ratio are included in the financial statement ratio analysis spreadsheets highlighted in the left column, which provide formulas, definitions, calculation, charts and explanations of each ratio.

The cash turnover ratio is listed in our efficiency ratios and turnover ratios.