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What Is The Turnover Rate Of Loans?
loan Turnover rate overview
Loan turnover refers to the number of credit funds in the reporting period, and the number of recurrent turnover. It is an index reflecting the turnover speed of loans. In order to assess the liquidity, turnover and repayment of funds, the more the turnover times of credit funds, the higher the efficiency of capital utilization.
Calculation formula of loan turnover rate
The loan turnover rate can be expressed by turnover days and turnover times.
The formula is:
Loan turnover (Times) = loan during reporting period Cumulative Average balance of loan amount during recovery / reporting period
= reporting period calendar days / reporting period loan revolving frequency
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