annual turnover

Definitions (2)

1. A measure of how quickly a fund turns over its holdings during the year. A highly active fund will have a high annual turnover. It is equal to the dollar transaction volume of the trades in one year divided by the total portfolio size, expressed as a percentage.
2. For a company, the amount of business it conducts during a year, usually measured through income or sales.

Use annual turnover in a sentence

You should try and follow your annual turnover to make sure that you are making all the sales you should be.

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I had to figure out what the annual turnover was and that was important to our overall functioning as a business.

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The annual turnover of the fund was high, this was great news as it had confirmed our decision to move forward with the project.

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annual statement medium-sized company