Turnover has two common meanings. On a stock exchange it usually means the total value of shares traded over a day, week, or other period. In company accounts it often means sales revenue. Context tells you which sense is in play.
Key takeaways
- Market turnover in money terms differs from volume in share count, though both measure how active trading was.
- Higher market turnover often points to better liquidity, but not always to a healthier price path.
- When reading a company report, turnover nearly always means sales, not share trading.
- Compare turnover figures only when the period and definition match.
Why it matters in Ethiopia
Exchange turnover figures are a simple way to track how active the local market is becoming as more listings and more investors arrive. Rising turnover can signal deeper participation, though it still does not tell you whether prices are fair.