Revenue Definition And Example
Net revenue usually refers to a company s sales net of discounts and returns.
Revenue definition and example. It is also called sales. In other words revenue is income earned by the company from its business activities. Revenue is money that a company organization or government receives from people. After you subtract all the expenses from the revenue figure what is left is profits.
23 examples of revenue posted by john spacey november 13 2018 revenue is money that is generated as a result of business activities. Revenue generally refers to the sum of income a business produces. The following are common types of revenue. For service provider businesses for example.
Revenue is the amount of money a company receives from its primary business activities such as sales of products and services. Their primary revenue is from services provided to customers. Meaning pronunciation translations and examples. This is the primary type of revenue made by businesses.
However there are also specific subcategories of revenues. Their primary revenue is actually from sale of products goods. Of units sold x average price. Chartered accountants law consultants barber shops software professionals etc.
Revenue also called a sale is an increase in equity related to the sale of a product or service that earned income. The formulas above can be significantly expanded to include more detail. It is revenue produced from selling a product or delivering a service. Of customers x average price of services.
Revenue also called sales or turnover in the uk refers to the value of the products and services a company sells. Other related terms include accrued revenue deferred revenue and operating revenue.