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Gross Profit
(redirected from Gross Profits)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Gross profit
Sales minus the cost of goods sold.
Gross Profit
A company's revenue from sales in a given period of time less its cost of goods sold. Gross profit is easy to calculate and may provide a rough idea of a company's performance. However, it does not account for a number of very important expenses, such as marketing or employee salaries. For that reason, it is not as accurate of a measurement as net profit or EBIT.
gross profit
Total revenue of a business minus the cost of goods it sold. Gross profit does not include income from incidental sources and also excludes selling and administrative expenses. Compare net income.
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Asbury is pleased to announce solid financial results for the fourth quarter driven primarily by growth in new and used light vehicle units, revenues, and gross profits coupled with a leaner cost structure," said Charles R.
Asbury Automotive Group Reports Fourth Quarter and Year-End Financial ... by PR Newswire
In order to calculate the gross profits, add the net profit of the previous year to the insured standings and the various charges of last year; the sum of these should give you the gross profit.
Calculating a Claim for Loss of Profits by Navjot Kaur / Business community
In the UK, worth 30% of group gross profits, saw its gross profits tumble by 38.
RECESSION'S GRIP TIGHTENS ON JOBS by Liverpool Echo (Liverpool, England)
 
 
 
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