The total dollar value of all revenue derived by the firm from the principal operations of its business during the period covered by the income statement report.
Total recorded sales before deducting any sales discounts or sales returns and allowances.
the invoice value of sales before deducting customer discounts, returns, and allowances; i.e., the total amount paid by customers before deductions. See gross profit, gross margin, net sales, net profit, and cost of goods sold.
Total invoice value of sales, before deducting for customer discounts, allowances, or returns. see also net sales, net profit.
Sales before deducting sales returns, sales allowances, and sales discounts. To Top
The total amount of money received by a business in a specified period before any deductions for costs, raw materials, taxation, etc.
Total sales receipts before subtracting any expenses or deductions for returns or other post-sale adjustments.
The total dollar volume of goods sold during a specific time frame.
income (at invoice values) received for goods and services over some given period of time
The total invoice price of the goods shipped or services rendered during the period. Usually does not include sales taxes or excise taxes that may be charged to the customer.
The total of amounts received (sales for cash) and amounts expected (sales on credit) in return for products sold or services rendered during the given time period. Gross sales reflects sales at invoice values, before sales discounts and credit card fees.
Revenue generated before any expenses are deducted. It is the sum of all money generated prior to deducting wages, product cost, taxes, interest, etc. Typically the amount royalty from which payments are calculated.
Gross sales is revenue before any expenses are deducted. It is the sum of all money generated prior to deducting wages, product cost, taxes, interest, etc.
This exposure base is the gross amount charged for all goods or products sold or distributed, operations performed and rentals. Some deductions from gross sales include sales or excise tax, returns and allowances and finance charges for items sold on installment.
Total sales calculated by summing all sales at invoice values, neglecting any adjustments such as customer discounts or returns.
With percentage leases, the tenant's total sales proceeds, which is normally the starting point for calculating the tenant's rent. These types of leases for retail properties force the landlord to share and invest in the tenant's success.
The total dollar sales for a day, week, month or a year.
Usually defined as the total sales minus any shipping and handling costs.
The total amount of sales dollars generated by a company.
The total of all sales made by a retail tenant. For tenants who have Percentage Rent clauses in their lease, Gross Sales are compared to the breakpoint to determine whether the tenant will be required to pay percentage rent. Leases may specify certain sales which may be excluded from Gross Sales (i.e., sales tax, discounts granted to employees, etc.).
A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge.
Revenue or income from sales before returns and allowances.
The total amount charged to all customers during the accounting time period.
The total revenue generated before subtracting out any voids, returns, comps, or discounts. Opposite of “Net Sales.