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How to understand "turnover, revenue, sales and volumes"?
I've been confused with those words(turnover, revenue, sales and volumes).What do they refer to in business? And what are the differences between them?
Sep 23, 2016 2:24 AM
Answers · 2
1
"Sales" are the what is obtained by the company from the provision (selling) of goods or services to customers.
"Revenue" is the total amount of money taken in by a business during a set period of time. (Sales of a company contribute to the revenue of the business company. Interest, royalties, fees and donations make up other streams of revenue)
"Sales volume" equals the quantity of items a business sells during a given period.
"Turnover" is the net sales generated by a business. (Sales are turnover are very similar, and used almost interchangeably. Sales refers to the total value of goods, while turnover refers the income generated by those sales).
Reference: What is the difference between revenue and sales? | Investopedia
September 23, 2016
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欧映欣
Language Skills
Chinese (Mandarin), English
Learning Language
English
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