How do you define the term "revenue"?

[Good-Person]

When it comes to conducting or studying businesses, many people may have heard about the term "revenue". Revenue refers to total amount of money generated by a company when they sell a product. So, what is it in an exact manner? How does it differ from other kinds of terms related to sales?

 

[Kane]

Revenue is the income made by the company and it mainly comes through sales. Revenue is the total income of the company. You get net income (actual income) when you deduce your total expenses from your total income (revenue)

 

[Gilead]

Revenue is the income made by the company and it mainly comes through sales. Revenue is the total income of the company. You get net income (actual income) when you deduce your total expenses from your total income (revenue)

Yes I agree with what you say revenue is, which is the money made from turnover but income is different from revenue. Income is the made after expenses have been deducted. Revenue is just the money a business makes from its turnover.

 

[Niolaxx]

Revenue is the total money generated from normal business operations, calculated as the average sales price times the number of units sold.it is also known as sales on the income statement

 

[Debashis]

Revenue refers to the total amount of income generated by a business through its normal operations within a specific period. It typically includes sales of goods or services, royalties, fees, interest, and any other income streams directly related to the business's core activities. Revenue is a crucial financial metric that helps assess a company's performance and sustainability, as it contributes to covering expenses, investments, and generating profits.

 

[Bala45]

Revenue is a tax or a commission given by an individual or gorvermen for development and economic growth and infrastructure