Share Turnover


DEFINITION of 'Share Turnover'

A measure of stock liquidity calculated by dividing the total number of shares traded over a period by the average number of shares outstanding for the period. The higher the share turnover, the more liquid the share of the company.

BREAKING DOWN 'Share Turnover'

For example, if the total amount of shares traded over the year was 10 billion and the average amount of shares outstanding for the year was 100 million, the share turnover for the year is 100 times.

  1. Liquidity

    The degree to which an asset or security can be quickly bought ...
  2. Outstanding Shares

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  3. Float

    Money in the banking system that is briefly counted twice due ...
  4. Volume

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  5. Illiquid

    The state of a security or other asset that cannot easily be ...
  6. Market

    A medium allowing buyers and sellers of a specific good or service ...
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