What is Gross Revenue? Back to list

Member SinceJul 08, 2021

Posts 167

Wilburn

Oct 12, 2021 a 04:05
Sales revenue is the total amount a company earns from the sale of goods and services, excluding any deductions. This is also a good indicator of a company's ability to sell goods or services. Examples of gross revenue deductions include sales discounts and returns. If these deductions are subtracted from gross sales, then the result becomes net sales or net revenue.
Gross profit is the top line of a company's income statement. Essentially, it shows how a company can sell products and services, but does not reveal whether or not a company can turn a profit. Companies usually calculate gross revenue for a specific period, such as a month, quarter, or year.

Member SinceAug 09, 2021

Posts 197

Hightrade

Oct 13, 2021 a 14:46
Gross revenue is defined as the total amount of money received by a company before any expenses are deducted. This figure allows companies to estimate their cash flow and growth. There are two types of gross revenue: "gross sales" and "gross profit". Gross sales refers to the total number of items sold, whereas gross profit refers to the total earnings minus the cost of goods sold.

Member SinceJul 12, 2021

Posts 136

Fiba

Oct 13, 2021 a 17:02
Gross revenue is the total value of goods and services that a company sells, minus any discounts or premiums provided. This term is integral to the calculation of gross profit by subtracting cost of goods sold (COGS) from gross revenues. It's an important metric for businesses to track since it shows the company's income before expenses.

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