AbstractAlthough annular centrifugal extractors (ACCs) have been increasingly applied in the process industry recently, their complex fluid dynamics is still not fully explained in the literature. This could be one of the major reasons why their current industrial implementation is not up to their potential. This work aims to enhance the understanding of ACC hydrodynamics by focusing on liquid holdup and distribution in the variant CINC V 02. First, several sources causing holdup variation are investigated with the help of a model simulating the liquid surface inside the device. Then, the factors determining liquid content in both chambers are presented. The standard shut‐down procedure to measure holdup is eventually elaborated on, and an improved procedure is proposed.